If you are an employer with staff:
- aged between 16 and 74
- working in the UK
- from whom you deduct income tax and National Insurance contributions
your duties regarding pension provision will change over the next few years.
The new system is known as ‘auto enrolment’. The specific duties you will face will depend on the ages and earnings of your staff, and will commence on your staging date.
To understand when these changes will affect your business, our publications page includes a table of the various staging dates announced by The Pensions Regulator. To access this document please click here.
Over the coming weeks we will publish a useful guide summarising the key duties employers will face and which employees must be ‘auto-enrolled’ into a pension scheme.
For more information on pensions and employment, please contact us.
