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21st July 2014

Planning is needed as demand sees lead times increase

YOU will no doubt already be aware that auto-enrolment started in October 2012 with the largest employers and will roll out progressively until 2018 for all employers.

Auto-enrolment has been introduced to address the problem that, as a nation, we are not saving enough for retirement. In addition to this, life expectancy has drastically increased meaning that many of us will spend far longer in retirement than was the case 30 years ago.

Auto-enrolment is not a new or radical policy.