Employers must make arrangements so that all eligible workers are given access to a qualifying workplace pension scheme as from their ‘staging date’ onwards. Even if the business employs just one person, the law states that the employer must provide a workplace pension and make sure contributions are maintained and the scheme is reviewed.
Your responsibility as a business owner includes enrolling those eligible employees who meet the relevant criteria into a suitable and qualifying workplace pension scheme and making minimum contributions.
Helping you to meet your legal obligations
At Cherry May we can help you to understand how this change in the law affects you and your business. We’re independent of any provider and we provide impartial advice to businesses of all sizes.
If you are an employer and would like an initial consultation without obligation or cost to you, whether in regards to your existing or proposed new pension scheme, please call us now to book an appointment.
Find out more… Call us on 01823 475222 or email us today.
The Pensions Regulator is the statutory regulator for workplace pensions.
The Financial Conduct Authority does not regulate auto enrolment.
I was speaking at a business event recently and I asked the group this simple question: Do you know when your State Pension age is?
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