Written Evidence to be reported to the House.
Pensions Bill
1:15 pm
Keith Barton: Unsurprisingly, we did not ask precisely that question but we asked similar questions. One question was, “Will auto-enrolment into the new style of schemes lead you”—the employers surveyed—“to considering abandoning your present occupational schemes in favour of personal accounts for all members?”. The headline figure from the survey was that 15 per cent. of all employers said yes and 85 per cent. said no, but there was quite a bit of skewing. Among smaller employers, around a third said that they would consider abandoning their current schemes and two thirds said that they would not. The survey was undertaken early in 2007.