September 11, 2022
If you employ only entitled* or non-eligible** staff then you don’t have an immediate duty to set up a qualifying pension scheme. You will need to have a workplace pension by your duty date or shortly after only if any … Continue reading
October 1, 2018
The duty date is the date by which you need to have a workplace pension scheme in place. If you miss the deadline and fail to put things right The Pensions Regulator can issue fines that can run into the … Continue reading
October 1, 2018
Postponement is when you make a decision to delay enrolling employees into a workplace pension scheme for up to 3 months. This could be because you know a member of staff is leaving, or you’ve taken on new or temporary … Continue reading
May 17, 2017
There’s much confusing pension jargon to get to grips with when you set about choosing a workplace pension scheme for your employees. Master Trust and Defined Contribution are two of the phrases you’re likely to come across. A defined contribution … Continue reading
May 4, 2017
Not all situations are clear-cut when it comes to workplace pensions and it’s important that you do the right thing, otherwise, you may end up with a fine. We look at some of the special circumstances that can occur when … Continue reading
February 9, 2017
When you choose a workplace pension for your employees, carrying out ‘due diligence’ could save you from making a mistake that could come back to haunt you, says Henry Tapper, founder of Pension PlayPen. In America, the business of providing … Continue reading
December 21, 2016
When you set up a workplace pension you’ll need to consider the costs and decide how to calculate pension contributions There are three ways to calculate pension contributions. Which way you choose will depend on whether your staff get regular … Continue reading
December 19, 2016
One of the many challenges that employers face is trying to work out who to enrol into their workplace pension scheme. Don’t assume that only employees on the payroll will need to be assessed for auto enrolment. Freelancers and contractors … Continue reading
October 24, 2016
By 2018 all employers have to set up a workplace pension scheme and automatically enrol eligible employees. If an employee already has a personal pension it may seem like a good idea to simply contribute to the existing scheme. But … Continue reading
October 11, 2016
Auto enrolment is becoming a reality for small business owners, but there’s still a lot of confusion around which companies need to have a pension in place. This is especially true among employers where the staff is made up of … Continue reading
