Workplace pensions and auto-enrolment
The law on workplace pensions has changed. Every employer with at least one member of staff now has new duties, including putting those who meet certain criteria into a workplace pension scheme and contributing towards it. This is called automatic enrolment. It’s called this because it’s automatic for your staff – they don’t have to do anything to be enrolled into your pension scheme. But it’s not automatic for you. You need to take steps to make sure they’re enrolled. Click on the link below for more information;
http://www.thepensionsregulator.gov.uk/automatic-enrolment.aspx
If you run a limited company and do not have any staff, you can claim exemption from auto-enrolment. Follow the instructions on the link below;
http://www.thepensionsregulator.gov.uk/employers/what-if-I-dont-have-any-staff.aspx
Act now to ensure you are meeting your legal obligations!
