The Government will delay the full implementation of personal accounts until October 2015 from 2012 with the entrance requirements being spread over 3 years, with large employers joining first. It has also reduced the consultation period on auto-enrolment from 12 weeks to 6 weeks which might be a touch taxing given that the proposals extend to 200 pages!!
Further reading
Pension scheme dynamics: Are we repeating the mistakes of the past?
Blog
by Angela Burns
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