The final rules governing auto-enrolment into workplace pension schemes from 2012 were laid before Parliament today.
Work and pensions secretary Yvette Cooper said the reforms were the most radical change to workplace entitlements since the introduction of the national minimum wade. She said the fact that employers of all size would be joining employees in paying into a pension scheme for the first time was a massive step. From October, 2012 the country's largest businesses - with more than 120,000 employees - will join the auto-enrolment regime. Employers will be staged by size from largest to smallest through to 2016, with start up small business given additional time to prepare to comply. Coop...
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