MPs launch automatic enrolment inquiry
23 December 2015
It has invited written evidence on the implementation of the legislation so far, especially the effects on small and micro employers. In particular, the committee is looking at how smaller employers plan to mitigate any negative effects and how the Department for Work and Pensions support for small and medium-sized businesses has helped them meet their obligations.
The review will also look at the suitability of the auto-enrolment earnings threshold and minimum contribution rates, along with analysis of delays to the implementation of increases to minimum contributions that were announced in the Autumn Statement.
Committee chairman Frank Field said "Automatic enrolment is generally perceived as being successful to date, but in the early stages of delivery it was only large and medium sized employers that had to meet these new pension requirements. The time has now come for smaller employers, including people who would not consider themselves business people - such as those who employ nannies and carers - to participate. We must ensure they are in a position to cope with these new obligations."
The CIPP will be feeding into this inquiry and will be publishing a survey very shortly to gather your views.