At the coalface: New hurdles for auto-enrolment advice

At the coalface: New hurdles for auto-enrolment advice

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SMEs are in the midst of auto-enrolment staging. While initial compliance challenges have been overcome, advisers now face a brand new set of issues, writes Nicola Brittain

Auto-enrolment, the government policy which will see all qualifying workers saving into workplace pension unless they actively opt out, has been running since October 2012. The staging dates for larger companies have passed and the industry is now dealing with the first tranche of small to mid-sized enterprises (SMEs: companies with employees of 30 or less). The first staging date was 1 June this year. A further 450,000 will need to be enrolled by 2016, with 800,000 by 2017. Many of the problems faced by the industry on launch of auto-enrolment have now been resolved. So is it all ...

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