Automatic Enrolment: Government to consider a cap on charges

iStock_000016457256_ExtraSmallIn a bid to improve the pensions of millions, the Government is set to consult on whether the charges paid by employees, who are automatically enrolled into a pension over the next few years, should be capped. Between 2012 and 2017 all employees over the age of 22 and earning above £9,440 per year, who are not already in a suitable workplace pension, will be automatically enrolled into a pension. Contributions will be made by both the employer and the employee and ...