Auto Enrolment Pension
The next big change to hit employers is 'auto enrolment'
The government introduced a new law that requires all employers to provide a workplace pension scheme to make it easier for individuals to save for their pension.The new scheme requires all UK employers to enrol their workers into a qualifying workplace pension scheme if they are not already in one.
Employers will have to automatically enrol workers who meet certain criteria:
- aged 22 to state pension age
- working in the UK
- earning over £10,000 a year
We regularly team up with the Pensions Regulator and put together a FREE seminar at our offices in Bexhill - for more information about our next event please contact us.
Source: The pensions regulator