Workplace Pensions is quickly becoming the biggest topic that UK businesses are facing. With big fines for non-compliance, it is vital that you have a plan of action. You are on the right track when you know the answers to these points.
Many clients assume this is being managed by their accountant or payroll provider, but as this matter relates to pensions, most are not qualified to deal with this matter, and you are the one legally responsible for implementing a scheme.
If you are unsure where you stand and want to find out more about workplace pensions, you can do so here.
By way of background, auto-enrolment is part of a Government initiative to increase private retirement savings within the UK. It is the process where all eligible employees are automatically enrolled into their employer’s qualifying pension scheme if they meet certain criteria:
For a limited time, you can reserve your enrolment place for FREE so long as your Staging Date is after October 2015. There is only space for 100 businesses, and the deadline to register is 30 June 2015 – but this offer will be withdrawn when we get to 100 clients.
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