The DWP’s proposal of a three-year period for the first phase of auto- enrolment has attracted much criticism because it will fail to cover all employees until October 2015. The Conservative’s pensions spokesman, Nigel Waterson has promised a ‘fast and dirty’ review of the entire personal accounts project if the Tories are elected at the next general election and revealed that they are working on a plan B that could deliver the objective in a more reasonable timescale.
08/10/2009
DWP proposes lengthy introduction for auto-enrolment
The DWP’s proposal of a three-year period for the first phase of auto- enrolment has attracted much criticism because it will fail to cover all employees until October 2015. The Conservative’s pensions spokesman, Nigel Waterson has promised a ‘fast and dirty’ review of the entire personal accounts project if the Tories are elected at the next general election and revealed that they are working on a plan B that could deliver the objective in a more reasonable timescale.
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