As an employer, you’ll want to offer the most suitable pension scheme to your employees.
At The Orchard Practice we can help establish a pension for you and your employees. This may involve reviewing and updating an existing pension scheme or setting up a new scheme. We can offer a simplified default service for all your employees or a bespoke service for each individual employee. Whichever route you choose to go down, we’ll be there to advise and assist so you can concentrate on running your business.
The Pensions Act 2008 introduced a new requirement for employers to automatically enrol any eligible jobholders into a workplace pension scheme that meets certain requirements, and potentially for the first time provide a minimum employer contribution. There was a staged approach to the implementation of the legislation, starting with large companies in October 2012, with smaller companies needing to have addressed the changes by 1 February 2018.
Click here to find out more about auto-enrolment.