Automatic enrolment should remain if Scotland gains independence
05 February 2014
As reported in Professional Pensions the JLT 250 Club report also found 12% would like to see reform go further with AE being made compulsory and the same percentage in favour of higher minimum contributions.
However, the survey of more than 150 organisations showed 69% were unaware of the Scottish National Party’s paper on Pensions in an Independent Scotland, issued in September last year.
The paper outlined how an independent Scotland would remain committed to AE and that an equivalent of the National Employment Savings Trust (NEST) would be erected (PP Online, 23 September 2013).
If Scotland votes yes, 44% of respondents would like the state pension level and age to remain in line with the rest of the UK, while 40% would like it to reflect differences in the Scottish population compared to England and Wales.