Government pension plans lack common sense - NAPF

The body has hit out against draft regulations, telling the Department of Work and Pensions (DWP) it believes they are too bureaucratic and prescriptive. The DWP should first assume the vast majority of employers currently offering good workplace pension schemes will do their best to comply with the new requirements, NAPF says. In its response to the consultation paper, Workplace Pension Reform - Completing the Picture, NAPF says employers who already offer good quality schemes should be able to use waiting periods when auto-enrolling short term workers, but only once per employment p...