Auto-enrolment a 'nightmare' 
for large employers

Pension strategy manager Julie Parker-Welch told delegates at the Pensions Management Institute autumn conference that the high street giant faced a big challenge figuring out who to auto-enrol in their workforce and how to communicate with them. “The idea is great but actually administering it within a large employer is an absolute nightmare,” she said. M&S will be moving its existing defined contribution scheme “lock, stock and barrel” to a master trust arrangement with Legal & General for auto-enrolment. Parker-Welch said 40,000 current staff - mainly part-time female workers - ...