The Liberal Democrats are calling on the Government to scrap the obligation for emp-loyers to provide stakeholder pension schemes to their employees.
The party also says employers should not be required to provide advice to employees wanting to invest in a pension.
In a report issued this week, the LibDems say the stakeholder obligations on employers are another example of Government over-regulation of businesses.
The party claims the Government already recognises the high cost to business of such requirements and this is why it has excluded smaller employers with less than five employees from providing a stakeholder plan. But it says this should be extended to cover all employers.
The LibDems have proposed their own second pension, which would be compulsory. But under the scheme, employers would not be forced to be involved.
The report estimates the additional costs on employ-ers because of stakeholder are £15m a year per million pension holders.
The report lists 25 areas where LibDems believe Government over-regulation is hindering business.
Frontbench trade and industry spokesman Vincent Cable says: “It is quite wrong to regard employers as the Government's unpaid agent.
“The Government has accepted in principle that very small businesses should be exempt and we believe it should be extended to all businesses.”