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 Is your workplace pension ready? - December 2014

News

If you own or manage a business, then you should already have heard about Auto Enrolment (AE) or workplace pensions.

If you employ staff (even 1 person), then AE will affect you. By October 2018, it will be a legal requirement (punishable by a fine) for all* companies to automatically enrol their staff onto a pension scheme, and pay a 1% minimum contribution towards it.

By October 2018, all companies that employ staff must comply with AE legislation. However, subject to the size of your business, you may need to comply earlier.

 If you are unsure what your staging date is, email your PAYE reference to  This email address is being protected from spambots. You need JavaScript enabled to view it. and we will let you know your staging date.
 
For more information about Auto Enrolment or workplace pensions contact us for further details.

 

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Our alternative dispute resolution provider is the Financial Ombudsman Service. Their website is financial-ombudsman.org.uk and you can find out more information via this link.