Pensions Briefing - Auto Enrolment: The Basics and Practicalities for Employers

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With effect from June 30, 2012, legislation came into effect which required employers to automatically enrol eligible employees into pension schemes which meet certain minimum criteria. The background to this legislation was concern about the increasing size of the retired population in the UK, as people live longer, which results in rising state pension costs. The automatic enrolment regime was therefore introduced as a way of encouraging more people to save for retirement. Click here for more.