If an employer currently offers a stakeholder pension scheme to which the company make no contributions, will they have to offer personal accounts and contribute 3%?

Edmund Downes, Norwich Union: Unless the employer increases the contributions under the Stakeholder so it becomes Qualifying for all employees, i.e. at least 8% of banded earnings with the employer paying at least 3%, the answer is 'yes', either to Personal accounts or another Qualifying auto-enrolment scheme. The Stakeholder scheme would also have to be able to abide by the auto-enrolment rules in respect of new employees. If not, then even if it was Qualifying for existing employees the employer would need to auto-enrol these new employees into either Personal accounts or another Qualif...