Coalition government commits to auto-enrolment

The Con-Lib coalition released the full details of its deal this morning. It made a new promise to simplify the rules and regulations which have hindered occupational pensions in the past. It added it would encourage companies to "offer high-quality pensions to all employees" and pledged to support auto-enrolment. The planned roll out of auto-enrolment into qualifying workplace pension schemes or NEST is set to start in 2012. EEF head of employment policy David Yeandle said the new government's pledge to reinvigorate occupational pensions was aspirational and backed simplification....