Will your business be ready for the 2012 Pension Reforms?
Author: Jackie Fancourt, a pension expert at Jay Financial
Last Updated: 10/20/2011 9:52:37 AM
Summary
Part 1 – Introduction
Starting from October 2012, any UK employer who employs at least one person will be legally obliged to set up and register a pension scheme and automatically enrol certain workers into that pension scheme. Employers will also be required to make a contribution of up to 3% of qualifying earnings. To help employers a new national pension scheme will be made available – the National Employment Savings Trust or NEST.
Article
At Midlands Business News we recognise the importance and impact
of this new legislation, particularly for small businesses. We are
pleased to introduce Jackie Fancourt, a pension expert at Jay
Financial who, over the next couple of months will deliver you a
guide to employer duties in 8 bite-size instalments.
To sign up to MBN Weekly and get each part emailed directly to
you simply email kyle@midlandsbusinessnews.co.uk
In the meantime you can ask any questions by emailing
pensionhelpdesk@jayfinancial.com