Back in July, we blogged about pension Auto Enrolment, asking if your business is fully prepared for the introduction of the Government’s new scheme.
This scheme is designed to invigorate pension saving in the UK and increase the number of employees saving into a workplace pension. Auto Enrolment is an obligation on all employers to enrol eligible jobholders into a Workplace Pension Scheme unless they are already a member of a Qualifying scheme. Operating in addition to the state pension, the rollout of Auto Enrolment has already begun, and will eventually be applied to all businesses meeting certain criteria.
With the reality of Auto Enrolment drawing closer for small businesses, we receive many queries on the topic from business owners, and thought we’d take the opportunity to put some of the most frequently asked questions to financial adviser and pension expert, Tom Frizzell.
Leave It to Inca!
Find out how your business is affected
From just £49 (+ VAT)
Auto Enrolment is a complex area, but Inca can help you to determine if it applies to your business and, if so, who in your company is affected, your staging date, and when you need to start your action plan. We are offering this service to Inca clients from just £49 + VAT – a small price to pay for understanding exactly what impact Auto Enrolment will have on your business, and far more preferable to back payments, penalties and fines.
Call us now for an informal chat!
Any other questions about pensions?
If you have any questions relating to pensions, please let us know and we can put you in touch with a trusted Wealth Manager.