Clause 5 - Earnings trigger for automatic enrolment and re-enrolment
Pensions Bill [Lords]
Lilian Greenwood (Nottingham South, Labour)
The previous Government tried to recognise the impact on small firms by phasing auto-enrolment and starting it earlier for large companies while allowing it to take place much later for small companies, particularly in view of the economic circumstances. By the time that many small businesses become eligible to participate in the scheme, hopefully we will have seen some sort of recovery.