Pensions Bill
10:00 am
Natalie Evans: I think, as Mike said, our concern is that it seems to come from the standpoint that employers will not want to comply and will be bad and whatever. From our perspective that is not what employers will want to do. I imagine that there will be teething problems when this comes in because, as we have all said, it will be a huge change for a significant number of employers. A light touch is needed in the first instance to help employers who are not perhaps doing it entirely correctly, but more due to them not quite understanding what they are doing than out of ill will to their employees. We feel that there needs to be a light-touch regime. Of course employers who are not complying and who are blatantly flouting the rule need to be dealt with. We just feel that there is a perception that employers will go in with that attitude. We do not think that they will.