Pensions Act 2008
The Pensions Act 2008 (c 30) is an Act of the Parliament of the United Kingdom. The principal change brought about by the Act is that all workers will have to opt out of an occupational pension plan of their employer, rather than opt in. A second change is the creation of a National Employment Savings Trust, a public pension provider for those who do not have an occupational pensions, which will function as a low-fee pension scheme in competition with existing funds.
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Pensions Act 2008
The Pensions Act 2008 (c 30) is an Act of the Parliament of the United Kingdom. The principal change brought about by the Act is that all workers will have to opt out of an occupational pension plan of their employer, rather than opt in. A second change is the creation of a National Employment Savings Trust, a public pension provider for those who do not have an occupational pensions, which will function as a low-fee pension scheme in competition with existing funds.
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The Pensions Act 2008 (c 30) i ...... mpetition with existing funds.
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introduced by
legislation history
long title
An Act to make provision relating to pensions; and for connected purposes.
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original text
parliament
Parliament of the United Kingdom
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revised text
royal assent
2008-11-26
short title
Pensions Act 2008
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status
Amended
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statute book chapter
territorial extent
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hypernym
type
comment
The Pensions Act 2008 (c 30) i ...... mpetition with existing funds.
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label
Pensions Act 2008
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