Pension industry braced for November auto-enrolment announcement - Waterson

The industry is likely to be kept waiting until November to hear the findings from the auto-enrolment review, Nigel Waterson says.

Speaking at the PMI Conference today, Waterson said the review - due to be reported to government tomorrow - could be released to the industry as late as early November. The former MP and Tory pensions spokesman also warned the coalition risked losing political consensus at a perilous time for work place pensions.

A spokeswoman at the Department for Work and Pensions confirmed, while the independent commission's findings will be reported to pensions minister Steve Webb tomorrow, any decision will not be announced until later in the Autumn.

 

Source: Professional Pensions | 29 Sep 2010 | 12:29
By Jenna Towler