Bosses urged to avoid small schemes for AE

In today's wide-ranging consultation, TPR said schemes with between 12 and 999 members usually have limited resources, a lack of economies of scale, lower trustee engagement and limited access to quality independent advice. "Given the constraints within this segment and the challenges that trustees of existing schemes already face, we do not expect to see existing or newly established schemes that fall within this segment being used for auto-enrolment," the regulator said. "We encourage employers to move away from small-scale schemes on the basis that they are less likely to deliver g...