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 0330 127 2006 or email us today.
The Pensions Regulator is the statutory regulator for workplace pensions.
The Financial Conduct Authority does not regulate auto enrolment.
So, what is inflation? – Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase as reported in the Consumer Price Index (CPI). Put simply, Inflation is to do with how much...
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