In December 2014, the DWP issued a consultation on further auto enrolment changes which will:
- introduce an alternative quality requirement for defined benefits (DB) schemes which is based on the cost of providing accruing benefits for the relevant members;
- change the information requirements for employers. The Government recognises that the current requirements are very complex and impose a considerable administrative burden on employers and so wants to reduce this and improve auto enrolment processes, especially given the small and micro employers that are reaching their staging dates. It is therefore consulting on what the information requirements going forwards should be.
- Introduce exceptions to the auto enrolment requirements – our article in the May 2014 Pensions Priorities refers to the DWP's response to its consultation on these which will broadly cover those who are leaving employment, those who cancel membership before auto enrolment and those with tax protected status for existing pension savings.