Question: It strikes me that the onus for retaining Enhanced Protection falls on the individual and, therefore, his/her Advisers. Presumably, if the individual forgets to 'opt out' and loses Enhanced Protection, as a result, the blame falls fairly and squarely on the shoulders of that individual and his/her Advisers? Is there any provision for this scenario in the legislation? If not, there needs to be substantially more publicity to raise public awareness of the consequences of auto-enrolment.
Edmund Downes, Norich Union: I also agree that there should be publicity about this issue. From what I understand, the Pensions Regulator will be communicating directly with advisers and I don't doubt that we and other providers will do so as well, ramping up the information over the next few years. However, given the fact that auto-enrolment is a rolling three year process with a starting date which will be staggered across different sized employers (and it is also triggered on changing employment), how are we going to keep the issue alive in the minds of both affected individuals and th...
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