A department for work and pensions research report on the likely responses of small employers to personal accounts is not "happy reading", a lawyer warns.
Understanding small employers' likely responses to the 2012 workplace pension reforms: Report of a qualitative study gives a detailed forecast of what bosses could do when faced with auto-enrolment and personal accounts. The aim of the research was to understand small employers' likely reaction to the reforms, the effect it will have on their administrative systems and how they will cover the cost of this and the monthly contributions It found there was a "very low" awareness of the reforms among all the small employers. The report said: "Employers in this study thought that they w...
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