Blog: Decent pensions are not a political trading chip

In what cynics would have called inevitable, the government yesterday backed down on auto-enrolment plans.

clock •

In what cynics would have called inevitable, the government yesterday backed down on auto-enrolment plans.

Pensions minister Steve Webb announced auto-enrolment will be delayed by a year for all businesses with fewer than 50 employees, and firms with up to 3,000 employees could also have their staging dates pushed back. Employer groups have long argued for exemptions for small businesses, delays and reduced contribution minimums for their members, citing the squeeze on business caused by the recession as their reasoning. The government could not build its entire mandate on stimulating the economy and then place a huge burden on businesses. Webb has said auto-enrolment will still go ahea...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

DWP, TPR and FCA launch consultation on guided retirement to help 'resurrect' pensions

DWP, TPR and FCA launch consultation on guided retirement to help 'resurrect' pensions

Consultation covers how default pensions should work in practice

Holly Roach
clock 03 November 2026 • 6 min read
Do clients already own the best retirement portfolio?

Do clients already own the best retirement portfolio?

'Feeling safer and being safer aren't the same thing'

Alex Funk
clock 29 October 2026 • 4 min read
Budget 26: Government to get rid of two-year tax rule on lump sum death benefits

Budget 26: Government to get rid of two-year tax rule on lump sum death benefits

Changes will also be made to how tax due on excess lump sum death benefits is collected

Jonathan Stapleton
clock 28 October 2026 • 1 min read