NAPF criticises prescriptive auto-enrolment regs

Jenna Towler
clock

Auto-enrolment regulations put forward by the government will not work in practice and need to be revisited, the National Association of Pension Funds says.

The trade body said the draft regulations are too bureaucratic and prescriptive and need a dose of "common sense" to work in practice. The NAPF said the DWP should start from the assumption that...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Regulation

Rise in reported cyber incidents in 2023/24

Rise in reported cyber incidents in 2023/24

Eversheds Sutherland finds 284 reported cyber incidents occurred in last financial year for pensions

Jasmine Urquhart
clock 22 November 2024 • 1 min read
SPP says multi-employer CDC regulations could be 'unduly onerous' in areas

SPP says multi-employer CDC regulations could be 'unduly onerous' in areas

Trade body says it mostly supports the DWPs proposed regulations

Jasmine Urquhart
clock 18 November 2024 • 1 min read
Mansion House speech: What could a Maple 8 model mean?

Mansion House speech: What could a Maple 8 model mean?

Jasmine Urquhart asks how a Canadian model could be implemented and how the LGPS could help

Jasmine Urquhart
clock 13 November 2024 • 7 min read
Trustpilot