UK - Government plans to give new staff automatic membership of their company pension scheme could prompt a spate of closures, experts warn.
Consultants say the measure – a reversal of current practice with employees automatically becoming members unless they opt out in writing – could be too costly for many schemes. Mercer Human Res...
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
