Most pension advisers expect Government auto-enrolment plan to be delayed or to 'not happen'

The ITC says it undertook the research to gain insight into attitudes towards the State’s pension policy changes that look set to take centre stage later this year or during 2022. file Picture
Over 90% of Irish pension advisors believe the Government’s auto-enrolment (AE) plan for those who only have the State pension to rely upon when they retire will be significantly delayed or may not happen at all.
The plan is currently slated to be rolled out in 2023, but new research from the Irish Trustee Company (ITC) found 56% of pension advisers believe AE will be postponed by one or two years, while 38% believe it will simply "not happen" at all.