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- Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)
Duncan Smith: ...in the Bill that could see employers getting away with not making contributions to employee's pension for a number of years if that employee already has a personal retirement savings account, PRSA. The seven-year period before an employer has to make contributions needs to be significantly shortened. It is effectively punishing employees who try to be proactive and set up a PRSA for...