FTSE 250 FD bemoans auto-enrolment regime

FTSE 250 FD bemoans auto-enrolment regime

Interserve’s Tim Haywood claims the government has thrown the cost and complexity of auto-enrolment back at business

A FTSE 250 FD has bemoaned auto enrolment and the burden of pensions upon business.

In a column for Financial Director magazine, Interserve CFO Tim Haywood said the complexity of auto-enrolment is illustrated in what his company has identified as more than 40 scenarios that could trigger a change in an employee’s pension status – which could require a response from its systems.

Even the in-house pensions’ expert was left struggling with the level of complexity, he added.

The role of the FD is becoming consumed with the complexity and constantly-changing targets associated with the government-enforced pension regime.

The entire article can be read on Accountancy Age’s sister site, Financial Director.

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