Why to act now on the auto-enrolment business opportunity

Automatic enrolment into workplace pension schemes is a once-in-a-generation policy, designed to address the pensions crisis and get the country’s workers saving again. While the government did not make it fully compulsory - people can opt out - it is likely the majority of workers will start building a pension pot (whether the contribution rates are high enough is another story.) This means thousands of employers, especially SMEs, will embark on pension provision for the first time, with 2014 set to be an extremely busy time for firms and their advisers. Source Pensions managing d...