News

New savings scheme will prompt other changes

Friday 17th of September 2004
The Workplace Savings Group, headed by former council of Trade Unions economist Peter Harris, recommended making it mandatory for employers to provide access to savings schemes.

Employees will be automatically registered in a scheme when they take up a new job, unless they choose to opt out.

The fear employers have of being caught in an investment adviser role, plus other red tape assoc...

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