Auto Enrolment is Coming, Are You Ready For It?
As the UK population is rising and average life expectancy is increasing the government has made significant changes to how workplace pensions operate, By 2018 all employers will have to enrol their eligible workers into a pension scheme.
The new law is called Automatic Enrolment or AE. Employees have the right to opt out but if they choose to contribute then their employer has to do so too. Consequently, the plan is that many more people will be able to build up savings to help cover their retirement needs.
The theory sounds relatively straightforward but this seminar will help employers understand their responsibilities.