Corporate Financial Planning
Can you afford an increase in your staff costs - You may have no choice.
In less than three years time, the Government is proposing to bring in new laws that will have a significant impact on every employer in the UK.
www.nestpensions.org.uk
Key Facts:
The framework for these new laws is already in place in the shape of the Pensions Act 2008:
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Employers will, for the first time, be required to automatically enrol employees into a pension scheme.
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Employers will, for the first time, be required to pay pension contributions for any employees who join and stay in a pension scheme.
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A new Government department, focusing on employers, will be set up to enforce these new laws.
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Employers can either use their own pension scheme to comply with these new laws or rely on a Government controlled national pension scheme.
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Even if you have an exsisting workplace pension scheme, you may have to make changes so that it complies with the new rules.
The question is, do you want to keep control of your employee benefits package or repy on someone else, who knows nothing about your business, to do it for you?
How we can help:
As financial advisors with 22 years experience in the pensions industry, we're familiar with the challenges that businesses will face in the light of these new laws and regulations.
We can:
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Help you review your exsisting workplace pension to make sure it will comply with, or exceed the new requirements.
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If you haven't got a pension scheme yet, we can help you put one in place.
And we can help with arrangements such as salary sacrifice that can save you money and offset the impact that these new laws will have on your business.
What happens next?
It's up to you:
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THESE CHANGES ARE LESS THAN 3 YEARS AWAY - DON'T LEAVE IT TOO LATE - CONTACT US TO ARRANGE A CONSULTATION.