Pension Scheme AutoEnrolment from October 1 2012
08 October 2012
From 2012 new laws are due to start coming into force requiring all employers in the UK to automatically enrol 'eligible jobholders' into a pension scheme.
This could be the employer’s own occupational pension scheme or personal pension scheme provided it meets certain quality requirements. Otherwise employers will have to enrol jobholders in the National Employment Savings Trust (NEST), a central scheme set up by the Government.
The new duties are being introduced over four years, starting with the UK’s largest companies in 2012; other employers will follow in 2013 to 2016.
The following web website will provide you with more information and when the law is 'switched on' for your business i.e. your 'staging date'.
Please click HERE for more information.