Personal accounts and auto-enrolment - what does this mean for you? (Employment)

Employers, human resource managers and financial directors need to be ready for big changes (and big costs) in workplace pension provision due to arrive in 2012 as reforms, a decade in gestation, finally come to fruition.

Our last note on this subject - Personal accounts - a pensions revolution outlined some of the key aspects of these reforms. We now have a fuller picture of the Government's plans following the publication of the Department for Work and Pensions' (DWP) consultation document "Workplace Pension Reform - Completing the Picture" (the Consultation).

In this alert we focus on employers and ask what does this mean for you?