Helping employers identify a pension scheme for automatic enrolment
The Pensions Regulator (TPR) has opened consultation on a proposal to publish a list of pension schemes that are available to any employer, regardless of the number or workers the employer has or their levels of pay.
According to research carried out by the Department for Work and Pensions 48% of small and 79% of micro employers currently have no pension scheme and will have to choose a new one as they prepare for automatic enrolment.
To read more about this issue and the consultation please click here.
Our Prime Wealth team would be happy to talk to you about this in more detail, if this is of interest please call 0121 711 6353.