Overview

From 2012 employers will have to enrol all eligible workers into a pension scheme, and for the first time employer contributions will be mandatory.

Regulations detailing the reforms were passed earlier this year, and this month the new administration announced in the coalition agreement that it ‘will work with business and the industry to support auto enrolment’.

Although there may be additional tweaks to the legislation as the new government gets to grips with the reforms; employers, pension managers and trustees can now see how workplace pension reform will affect them and start to prepare and plan for its implementation.

The broad concepts have been settled for some time, but what devils lurk in the details, waiting to trip up the unwary or unprepared?

Wragge & Co answers this question and offers tips for successfully implementing the reforms.

Click ‘View Briefing’ to read their article.