auto-enrolment pension, work pension, workplace pension
MPs take evidence on automatic enrolment and pension reforms
19 November 2014
The Work and Pensions Select Committee holds the first of four oral evidence sessions for its inquiry into automatic enrolment and pension reforms on 19 November 2014.
- Parliament TV: Progress with automatic enrolment and pension reforms session
- Transcript: read the transcript of the progress with automatic enrolment session
- Inquiry: Progress with automatic enrolment and pension reforms
- Work and Pensions Committee
Witnesses
At 9.30am, Wednesday 19 November, Grimond Room, Portcullis House
- Marcus Mason, Policy Manager: Employment and Skills, British Chambers of Commerce
- Jim Bligh, Head of Public Services, Confederation of British Industry
- Judith Hogarth, Interim Head of Employment and Pensions, EEF (The manufacturers’ organisation)
- Mike Cherry, National Policy Chairman, Federation of Small Businesses
- Dr Ros Altmann
At 10.30am (approx.)
- Jane Vass, Head of Policy, Age UK
- Gillian Guy, Chief Executive, Citizens Advice
- Chris Curry, Director, Pensions Policy Institute
- Michelle Cracknell, Chief Executive, The Pensions Advisory Service
- Tim Sharp, Pensions Policy Officer, Trades Union Congress
Purpose of the session
The session intends to explore, among other things
- Lessons which can be learned from the experience of large and medium employers and individuals who have already been automatically enrolled ("auto-enrolled")
- Outstanding concerns regarding the roll out of auto-enrolment to medium, small and micro employers and how they may be addressed
- The level of confidence that individuals will be enrolled in appropriate, well-governed schemes which offer good value for money and transparency on costs and charges
- The anticipated impact of shared risk and collective schemes and of changes to pension taxation arrangements on attitudes to saving for retirement
- The extent to which auto-enrolment contributes to helping people reach a level of retirement income that meets their expectations and whether any changes need to be made to policy to achieve this