Pensions auto-enrolment: how are employers preparing?
Author: Adam Geldman
Statutory automatic enrolment for eligible workers into a qualifying pension scheme will be introduced from October 2012. Employers face what can appear to be a bewildering array of decisions to ensure that they comply with the law. We review the steps that organisations are taking to meet their legal obligations.
- Cost is likely to be a key factor when employers decide whether to pitch pension contributions in line with the statutory minimum or to be more generous.