Pension reform costs ‘too high’

The cost of implementing and running the new pension legislation is too high for businesses, it has been claimed.

A new report by the British Chambers of Commerce (BCC) has suggested the impact of upcoming pension reforms on small businesses are cause for concern.

The report identified several key aspects to the implementation of the Pensions Act 2008 which could negatively affect businesses when it is brought into force between 2012 and 2016.

Read more: http://www.mybusiness.co.uk/YeYQ1bRo6VWuDg.html

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