Pension Auto Enrollment


The government have introduced new pensions legislation which will affect every employer and employee in the country. It’s called – Pension Auto Enrollment .

For large employers the changes came into effect in October 2012, smaller employers are affected later.

The onus is on the employer to auto-enroll every qualifying employee into a pension scheme, either the government NEST, or a suitable alternative.

The basic contributions are 3% salary for the employer and 5% for the employee.

Please contact us for full details of when your company must comply and of the alternatives available.

 

Get serious about Pension Auto Enrollment!

There are serious fines for non compliance to the rules