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Monday, June 25, 2012

From October 2012, the Government is introducing legislation which is intended to encourage people to save for retirement.

The new law will require all employers to automatically enrol eligible staff into a qualifying workplace pension scheme if they are not already in one. Employers will also be required to make contributions to the scheme.

Workplace Pensions logoEach employer will be allocated a ‘staging date,’ based mainly on the number of employees on the payroll, by which time they must implement auto-enrolment.

There are over 40 staging dates. It is important you are aware of your staging date to allow enough time to prepare.

Check your staging date at www.thepensionsregulator.gov.uk .

The Pensions Trust (www.tptae.org.uk ) estimates some employers will need over a year to get ready!

Brunsdon is hosting a number of Auto-Enrolment Seminars. If you are still unsure of your responsibilities, need help in preparing or simply require further information, please register your interest in attending a seminar, or request our

FREE Auto-Enrolment Guide, by e-mailing sebastian.merritt@brunsdon.co.uk

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Brunsdon is the trading name of Brunsdon Financial Services Ltd. (Reg. No. 03434005), Brunsdon Insurance Brokers Ltd. (Reg. No. 03433998), Brunsdon Asset Management Ltd. (Reg. No. 07098607) and Brunsdon Auto-Enrolment Solutions LLP (Reg. No. OC402486). All companies are registered at Goodridge House, Goodridge Avenue, Gloucester GL2 5EA. Tel. 01452 623623 E-mail. enquire@brunsdon.co.uk. Brunsdon Financial Services Ltd. and Brunsdon Insurance Brokers Ltd. are authorised and regulated by the Financial Conduct Authority. Not all products and services offered are regulated by the FCA. The FCA does not regulate tax advice.

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