CBI calls for state to help small firms over pensions - papers 25th September

The paper says Richard Lambert, the CBI's director general, who is speaking at a fringe debate at the Labour party conference in Manchester, will warn the proposals, which include automatic pension scheme enrolment and compulsory company contributions, will be hard for small firms to adopt and could undermine existing pension schemes. It quotes Lambert as saying: "The CBI supports the broad thrust of the pensions white paper; it is a real opportunity to put pensions saving on a sound footing for the long-term. But there are dangers of unintended consequences which could undermine this aim....