The government has said it will “do whatever it takes” to support businesses through the Covid-19 coronavirus crisis, leading to speculation that there could be a short-term change in auto-enrolment (AE) policy.
As businesses grapple with the economic shock caused by the global pandemic, the Treasury has already set out plans to provide additional financial support to some affected firms, including suspending business rates and introducing a loan guarantee scheme. Now, there have been reports that the government was considering allowing businesses to suspend minimum employer contributions under AE to relieve pressure on payroll. However, the government declined to confirm the rumours and simply said it would do whatever was necessary to support businesses through this difficult period. In ...
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