The Government estimates that millions of people in the UK are currently not saving enough for their retirement. To help solve this problem, the government introduced legislation, which requires every employer to automatically enrol employees into a pension scheme.
We’re familiar with the challenges that businesses will face understanding the new regulations and requirements.
We can:
- Advise you of the minimum costs and what you need to do to comply
- Help you review your existing pension scheme to make sure it will comply with, or exceed, the new requirements, or
- If you haven’t got a pension scheme yet, we can help you put one in place
- We can help with arrangements such as salary exchange that can save you money and offset the impact that these new laws will have on your business
The Pensions Regulator has information regarding staging dates and you can Check your staging date here.