The government must confirm if auto-enrolment is to be put on hold to prevent damage to businesses, following reports it could be delayed, industry figures say.
Reports in the Sunday Telegraph and Sunday Times claimed the introduction of auto-enrolment could be stalled and the obligations on smaller firms could be scrapped as a result of a Cabinet Office report on cutting red tape. The report, by private equity millionaire Adrian Beecroft, recommended drastic reductions in workers' rights and benefits in order to ease the buden on businesses. Anthony Arter, senior partner at law firm Eversheds, said it is understandable the government is examining the timing of auto enrolment given the fragile state of the economy. "However, it is vital t...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
