The Government has been urged to publish a timetable for the next Automatic Enrolment (AE) review and reforms. Research from the Association of Consulting Actuaries (ACA) revealed ‘very strong’ employer support for change.
In particular, the survey found that:
- 63% of employers thought more flexibility would lead to higher savings;
- 88% supported extending AE to over 18s; and
- A further 84% supported lowering the threshold to the first £1 of earnings.