Firms urged to engage employees before auto-enrolment

clock

Bosses must engage with their employees during the auto-enrolment process to prevent people passively falling into occupational provision in 2012, The Pensions Regulator (TPR) says.

TPR defined contribution, governance and Europe team technical specialist Alistair Elliot said the regulator will actively encourage employers to "engage" with the process of auto-enrolment to help workers make the most of their pension. He says: "What we do want is for employers to be engaged with the process and to help their employees to make the most of their pension entitlements. We hope that in time pension provision will become a normal part of running a business in the UK. "The aim of the reforms is to give millions of people access to pension savings and to make it as easy as p...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read