Auto Enrolment
The introduction of auto enrolment has had an effect on all employers, no matter how small. Those who plan ahead will have access to the best resources, support and, perhaps, the best terms.
Workplace Pensions were phased in during the early part of 2018. This means every employer, regardless of size, will have to enrol their staff into a workplace pension scheme and make contributions – unless the employee actively chooses to opt out. The exact date by which a company must comply is known as the ‘staging date’, and is based on your employee headcount as at 1st April 2012. If you are unsure of your company’s staging date, you can confirm this on The Pensions Regulator website.
Aiming to keep you informed with regard to all aspects of corporate pensions, Wellesley Wealth Advisory work closely with you so that you understand the requirements surrounding auto enrolment, and ensure that you are compliant with the latest legislation.
St. James’s Place has relationships with a number of carefully selected market leading pension providers, allowing us to advise on a range of pension products. To find out more or to ensure you are in the best possible position to be prepared for any future changes, either legislative or specific to your company, please contact Wellesley Wealth Advisory on 01444244551 or via email at info@wellesleywa.co.uk
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The value of a pension will be directly related to performance of the funds selected, and will fall as well as rise. You may get back less than the amount invested.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax reliefs depends on individual circumstances.
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