Auto-enrolment is coming
From 1 October 2012, the government is introducing auto-enrolment, which will improve the living standards of millions of people when they retire.
What is auto-enrolment?
It's a way of making sure all eligible employees automatically become members of a qualifying pension scheme, which is a scheme with a high enough level of contributions.
As an employer in the UK, you have a major role to play.
What does it mean for my company?
You'll have to make sure your company's approach to pensions meets the new legislation.
- If you already have a pension scheme, you may need to change it.
- If you don't have a scheme yet, you'll need to set one up.
- You will have to auto enrol your employees into the scheme.
- You will have to make contributions for those employees who join.
Hencilla Canworth (First Act) are ideally placed to advise you on your obligations, provide you with an administration platform that will guide you through the administration issues.
Also, with established schemes already in place for the Entertainment Sector, we may already have the perfect solution for you.
For more informartion please contact us by on e-mail or 020 8686 5050.