Are You Ready for Auto Enrolment?
Friday 24th February 2017

The government’s auto enrolment pension reforms - which require every UK employer to put qualifying staff into a pension scheme and contribute towards it, have been up and running since 2012. Initially the new pension duties only applied to the largest employers, but now they’re being rolled out to include smaller businesses, so that by the end of 2017, all businesses employing at least one person will need to comply with the regulations.

This means you (as a business owner) will need to:

-       Set up a workplace pension scheme that meets the new rules

-       Automatically enrol workers who meet the age and earnings criteria

-       Make a minimum contribution for all eligible workers

-       Enrol other workers if they ask to join the scheme

As well as giving an overview of the scheme, Tom Frizzell will explain:

• The difference between a workplace pension & a standard pension
• What happens if you already have a pension scheme in place
• The choices open to your staff
• Your obligations & key responsibilities
• What you need to do, when you need to do it by & the implications if you don’t

Pension expert Tom owns Frizzell & Partners Wealth Management LLP, Partner Practice of St. James’s Place Wealth Management, one of the UK's leading wealth management organisations. 

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