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  • It is widely accepted that most people are not saving enough for their retirement and this problem is compounded by the fact that we are living longer than ever and that we have a growing population. The consequence of this is that the State Pension is coming under strain and that is why the age at which people retire is being increased. However, that alone is not thought to be enough and new Auto Enrolment company pension legislation is being gradually phased in, which will lead to a stampede of business owners needing to comply.

  • News that a review into Auto-Enrolment is to include analysis of the retirement savings within the growing self employed sector was today welcomed by business group Your Business Community (YBC).