Author: Dennis Chapman
Published: June 22, 2012
Reading time: 1 minute
This article is 10 years old.
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Further warning has been issued by the government that employers who encourage employees to opt out of the new auto enrolment pension plans will face a penalty.
By definition inducement infers that Employers cannot make arrangements to give an employee something in return for their opt-out, nor can they, threaten to remove their job, benefits etc if they will not.
The amounts of these penalties have not yet been disclosed.