Aegon's Rachel Vahey looks at the forthcoming challenge of auto-enrolment
There are now less than 30 months to the advent of automatic enrolment. Whereas we are gaining a clearer picture of how the changes will affect corporate clients, less has been said on how the changes will affect the individual retail pensions market. One thing's for sure, it will change significantly in the run up to 2012 and beyond. Many people who have taken out individual plans did so because their employer didn't offer them a group scheme. But under the new rules, all employers (apart from single person companies) will have to automatically enrol almost all workers into a pension sch...
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