We have been talking to our employer clients about pension auto-enrolment for some time now and presenting them with fact sheets about the three schemes which would not cost them anything to set up. NEST, NOW Pensions and The People's Pension were all schemes that would take small employers with less than 50 employees. …
Auto enrolment affects all employers. Every employer has been allocated a Staging Date by which time they must have a pension scheme in place. Even if you think your employees will not want to be part of a pension scheme you still have to put one in place. All eligible employees must be enrolled into the pension scheme at your Staging Date and after that they can choose to opt out but you must not encourage them to opt out. …
If you have a Staging Date less than six months away and you haven't started making arrangements for your pension scheme you may find that you can't meet the deadline. Many pension schemes are not accepting employers with only a few employees and therefore there are a limited number of schemes to choose from. …
There is no avoiding pension auto enrolment if you are an employer. The fines are significant if you do not comply. Even if you are the only employee and director of the business there is action you need to take. We launched our Auto Enrolment Administration Service to our payroll clients last week …
Our newest service to help our clients is launched. …
