A law introduced in 2012 means that all employers must eventually offer a workplace pension scheme and automatically enroll eligible workers in it.
This requirement has applied to larger employers since October 2012 and will apply to all employers by 2018.
If you employ at least one person you are an employer and you have to perform certain legal duties:
- You need to assess which staff auto enrolment applies to
- Pay correct contributions, on time, to your staff pension scheme
- You need to deduct contributions from your staff’s salaries and pay these and your contributions over to the scheme on time and accurately
- Failure to do this may result in a fine from the Pensions Regulator.
- Sounds a bit of a headache? Stressed out about it?
Let us know which scheme you would like to use and we’ll do the rest. No extra cost, it’s all part of the service.
How easy is that?