On 1 October 2012, new workplace pensions laws came into effect which require employers in the UK to automatically enrol their employees into a pension scheme. The new laws will affect you:
- If you have one or more workers in the UK. There is no exemption for small employers
- Regardless of whether you already provide a pension scheme for your employees, you will need to ensure the scheme meets the necessary quality requirements and automatically enrol all those employees who have not yet chosen to join the scheme
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
