Charges Cap: Breaking News…

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Just seen The Minister for Pensions announce that Auto-Enrolment Charges Cap will be 0.75% from April 2015.  Also commission and Active Member Discounts (AMD) to go from April 2016.

However, will need to see detail to comment further and see what small print apply to these proposals/ edicts.

But at least some clarity is on the way to help employer’s plan for Auto-Enrolment.

Best regards

Steve

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About the author

Steve Herbert is an award-winning thought leader on Pensions and Employee Benefit issues. His principal aim is better communicating the value and usage of employee benefits to employers. This he has achieved through many (highly successful) seminar series over the last decade, and his regular and widely read blog posts on the subject.
He also acts as a judge in HR and Employee Benefits industry awards, article writer, and product innovator. Steve is a regular contributor to DWP forums and compulsive responder to formal Government Consultations on pension and employee benefit issues. He is occasionally accused of making employee benefits interesting.