Compulsion proposed by L&G - papers 22 March

The proposal, as put to the Pensions Commission, would see employers be forced to contribute, but only if employees are prepared to pay too. Additionally, employers would only be required to match contributions pound-for-pound up to 3%, at least to start with, according to L&G director of pensions Adrian Boulding. Boulding admits the rate may need to rise to 6% in future. UK ENTRY INTO the eurozone has been put in further jeopardy after chancellor Gordon Brown questioned efforts to rewrite the key Stability and Growth Pact by EU states already in the currency union, the FT. With ...