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 Many SMEs back scrapping auto-enrolment opt-outs

Almost half of SMEs would support a move to make contributing to a workplace pension mandatory for all employees, according to a YouGov survey commissioned by The People"s Pension, which revealed 43% of businesses that had already entered the auto-enrolment regime would support taking away the opt-out element of workplace pensions. The People"s Pension"s director of policy and market engagement Darren Philp said: "Those that have already staged are more positive, which might be because having been through the process they know it’s not as hard as they expect and can see how beneficial it is for their employees".

FT Advisor (10/01/2017)

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