Pensions Automatic Enrolment relieves employers of their Stakeholder obligations

Introduced to the UK in April 2001 Stakeholder Pension Schemes were a direct result of the Welfare Reform and Pensions Act 1999. With the sole purpose of encouraging low, and moderate earning employees to make provision for their retirement, they offered a long awaited, low cost, low contribution, flexible pension planning solution. At that time, and since, employers who had …