Posts Tagged ‘Pension Reform’

Preparing for Pension Auto-Enrolment – 4 steps to help employers manage the new pension rules

Monday, 10 October 2011 08:34 Written by traceyevans 0 Comments

At present, around 38% of UK private sector employers provide a workplace pension scheme, but all will be required to auto-enrol their employees into a ‘qualifying workplace pension scheme’ under the Government’s pension reforms between late 2012 and early 2016. By October 2017, minimum contributions must be 8% of employee earnings, with a minimum of 3% from the employer plus 4% from the employee and 1% by way of tax relief (albeit employees have an opt-out which also removes the employer’s need to contribute).

Four steps to help employers manage the new pension rules:

Read more ...

What does pension auto-enrolment mean for you?

Monday, 22 August 2011 17:04 Written by traceyevans 0 Comments

At present, many workers fail to take up valuable pension benefits because they do not make an application to join their employer’s scheme. From 1 October 2012 (subject to an employer’s own introduction date), all eligible workers will be automatically enrolled into their employer’s qualifying pension scheme without any active decision on their part.

Read more ...

Pension reform, automatic enrolment, the employer duties and NEST

Wednesday, 08 December 2010 15:24 Written by traceyevans 0 Comments

From October 2012, employers will be required by law to:

  • Automatically enrol all their eligible employees not already in a good quality pension scheme into a Qualifying Workplace Pension Scheme (QWPS) within one month of becoming eligible,
  • Pay contributions for every employee who does not opt-out of the QWPS.

Read more ...

Contact Us

Call: 01444 237820
email: midsussex@ashleylaw.co.uk
web: www.ashleylawmidsussex.co.uk

Search Attentive Adviser