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REC welcomes proposed rethink on pensions auto-enrolment period

REC welcomes proposed rethink on pensions auto-enrolment period
The Recruitment and Employment Confederation (REC) welcomes reports of a Government review on the proposed pensions auto-enrolment. Initial feedback indicates that employers may now be given the option of waiting for three months instead of having to enrol employees onto the scheme from the first day.
These developments follow an ongoing lobbying campaign undertaken by the REC. The body has highlighted to the coalition Government the numerous practical and cost issues that the introduction of auto-enrolment would generate for providers of temporary and contract staff.
Commenting on the proposed revised timeframe, Tom Hadley, the RECs Director of Policy and Professional Services, said:
We all understand the need for people to save more for their retirement. The imperative is to find a workable solution that balances costs and benefits to the individual, the employers and the tax-payer.
A three month extension to the enrolment period would be a big step towards that direction. Auto-enrolment to the scheme from day one would bring an enormous administrative burden to front line recruiters tasked with carrying out the auto-enrolment of their temporary and contract workers. In the current economic climate any additional bureaucracy would put the industry's already fragile recovery at risk.
We urge the Government to acknowledge the recent recommendations. As this is not a done deal, the REC will continue to lead the debate until the right decisions are made." 
The review has now been submitted to ministers. The REC will inform its members of the outcomes as soon as they are published.


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