Under half of employers ready for stakeholder deadline

Latest figures show that there are still at least 175,000 companies yet to register as stakeholder providers even though the October deadline is looming. According to the Association of British Insurers' statistics, only 123,158 had registered by the end of July and the Department for Work and Pensions estimate there are between 300,000 and 400,000 that are obliged to do so. The statistics show that over July, only 35,000 employers registered as stakeholder providers. Although the pace of registration is expected to pick up, with just a month left now, it will have to be a drama...