A new law means that every employer must automatically enrol workers into a workplace pension scheme if they:
- are aged between 22 and State Pension age
- earn more than £10,000 a year
- work in the UK
At A J Wealth Management Ltd we are keen to ensure that your business is ready for its auto enrolment staging date. As a result we are delighted to announce that we have recruited a consultant who specializes in work-based pensions to offer advice and support to our clients.
When a business reaches its staging date, it must have all eligible employees enrolled in a suitable pension scheme. The preparations for this new legislation must be made in advance and there will be financial penalties for any business who does not comply with the new rules. At A J Wealth Management Ltd we recommend that you start planning for Auto-Enrolment at least 12 months before your staging date.
To find out more about how we can help your business with its preparations for your pending staging date, contact us today.