Firms should not be expected to assume the role of administrator for the pension reforms that are set to be introduced in 2012, a leading business group has argued.
The government is likely to axe this year’s pre-Budget Report, according to press reports.
Government plans to simplify pensions tax relief have won qualified backing from the Chartered Institute of Taxation (CIOT).
Employers could reduce the benefits available in workplace pension schemes as a result of plans to introduce auto-enrolment for all workers.
A small majority of employers say they support plans to introduce the automatic enrolment of employees into a workplace pension scheme.
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