Rumours the Government would delay auto-enrolment are false, the Department for Work & Pensions (DWP) says.
This morning, the Independent claimed the Government would delay the scheme in order to help plug its budget deficit. A DWP spokesman says: "We remain 100% committed to the Turner settlement, and to taking the action necessary to tackle the problems of under-saving in an ageing society." "Our priority is to get the infrastructure in place as quickly as possible, to enable millions of people to save into a workplace pension. We also need to ensure reform is delivered in a way that best supports the economy as it grows out of the current economic downturn." Auto-enrolment will be pha...
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