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3 April 2014

Pension auto-enrolment - are you ready?

Pension auto-enrolment - are you ready?

Since October 2012 companies have been required to start enrolling their employees into an eligible pension scheme. The largest companies have been required to act first but now it's getting closer to the time that the majority of the industry will have to act.

The following table outlines the staging dates that are coming up for smaller companies:

   Number of Employees

   Staging Date

   160 to 249

   1 April 2014

   90 to 159

   1 May 2014

   62 to 89

   1 July 2014

   61

   1 August 2014

   60

   1 November 2014

   59

   1 January 2015

   58

   1 February 2015

   54 to 57

   1 March 2015

   50 to 53

   1 April 2015


You will need to give yourself plenty of time to plan for your staging date, and to help you, BOSS has teamed up with pension specialists, Meridan, who have many years experience dealing with workplace pension schemes.

If you're concerned you won't be ready in time or just need to understand your obligations, contact Meridan Financial LLP on 0800 132100 who will talk you through the requirements and ensure you don't miss the deadline.

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