The auto-enrolment (AE) programme is at risk of derailment if the government increases contribution rates too rapidly, Zurich has warned.
Raising employee contributions above 5% too soon after the planned 2019 increases could cause thousands of workers to opt out, damaging the success of the regime, the insurance firm argued. This...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
