Published on Thursday, 24 March 2011 00:00
You may be aware from the media that new employer duties arising from the Pensions Act 2008 will be introduced from 2012.
These employer duties include:
- Setting up a pension scheme that employees must be allowed to join
- Automatically enrolling eligible employees into that pension scheme
- Compulsory employer pension payments
- Strict record keeping requirements
These new duties will inevitably mean more administration and cost to your business. However do not be concerned! Opus Accounting are here to help you through the minefield and make this as painless as possible.
As these new duties will be introduced in less than 24 months, we suggest you start thinking now about how you can implement these cahnges and ensure your company continues to be compliant and avoiding the imposition of fines and penalties.
Contact us now by email to info@opusaccounting.co.uk with the word “pension” in the subject box to discuss if your current workplace pension scheme will comply with the new requirements or, if you do not have a workplace pension scheme in place, to discuss how we can help you prepare.
