Work Place Pensions – Auto Enrolment

Having just got RTI out of the way all employers will now have to start thinking about work place pensions (Automatic Enrolment) and how it will affect them. The first phase of auto-enrolment was launched in 2012 by The Pensions Regulator and in October firms with at least 120,000 employees were brought into the scheme and those with more than …

Pensions Automatic Enrolment relieves employers of their Stakeholder obligations

Introduced to the UK in April 2001 Stakeholder Pension Schemes were a direct result of the Welfare Reform and Pensions Act 1999. With the sole purpose of encouraging low, and moderate earning employees to make provision for their retirement, they offered a long awaited, low cost, low contribution, flexible pension planning solution. At that time, and since, employers who had …