Henwood Court calls on Chancellor to scrap AE for small firms

Henwood said the small firms it advises fear going out of business if the government continues with the implementation of its auto-enrolment rules for workplace pensions. The firm also warned that auto-enrolment could become an opportunity for "unscrupulous elements of our industry" to pray upon time-pressed business owner to sell unnecessary products or auto-enrol employees into old, heavily charged pension schemes which offer no value. Employees of the country's largest firms began being automatically enrolled into qualifying workplace pension schemes October. The governemt said the...