October 6, 2016
Employees taking parental leave – that’s maternity leave, paternity leave, adoption leave or shared parental leave, continue to build up pension benefits while on leave. Any sort of parental leave will form part of qualifying earnings for workplace pension contributions. … Continue reading
August 3, 2016
You don’t need to enrol every employee into your workplace pension scheme. Only eligible employees have to be enrolled. But as part of your duties you’ll have to write to the staff who aren’t eligible for automatic enrolment and tell … Continue reading
August 3, 2016
Employees who’ve been automatically enrolled or have opted into your workplace pension scheme have the right to opt out. The decision to opt out must be freely taken by employees – ie you cannot ask them to opt out. When … Continue reading
August 2, 2016
The responsibility of choosing a suitable workplace pension is one that weighs heavily on the minds of many a small business owner. After all, most employers running their own business are experts in their field of business and not in … Continue reading
August 2, 2016
Every employer has to comply with workplace pension duties and there are costs involved. Even if you don’t have to enrol any eligible staff you’ll need to spend time, if not money, on making sure you stay within the law. … Continue reading
August 2, 2016
When an employee contributes to a pension scheme they get a contribution from the Government in the form of tax relief. There are two ways that tax relief is applied; at source or through net pay. Net pay arrangement With … Continue reading
July 19, 2016
Because we spend a lot of time reading The Pensions Regulator (TPR) guidance on auto enrolment and answering our client’s queries and know how tricky it can be to find the right bit of information when you need it, we’ve … Continue reading
February 25, 2016
Duncan Reeves, Employee Benefits Specialist at Sanlam Wealth Planning, explains how Government arm-twisting over workplace pensions is leading to a reluctance for many SMEs to prepare. I spend a great deal of time working with the SME community and two … Continue reading
February 15, 2016
If you employ freelancers or contractors you may have to enrol them into a Workplace Pension scheme, explains Steve Brice, Business Development Manager for LP Auto Enrolment Services. The law on workplace pensions has changed. Every employer with at least … Continue reading
October 26, 2015
Under the workplace pension rules you may have to provide your workers with a pension by your staging date or duty date. Before you set up a scheme you’ll need to work out which category of ‘worker’ your employees falls … Continue reading
