Major reform has swept through occupational pension provision and it will affect every employer in the UK. Every business is being obliged to auto-enrol and contribute to their employees' pension schemes, with the final phase due for completion in February 2018.
Companies that fail to comply can face tough penalties, so now is the time to set up an occupational plan. If you do not already provide a pension scheme, you must identify a scheme which you can use to fulfil your duties as soon as the changes affect you.
This content is for members only.
You can access this factsheet by logging into the website. If you are not yet a member, you can join now by clicking the button below.
Join now Login