I run a large cleaning firm and we are currently worried about the new business pension legislation which will be introduced from next year. As I understand it the new rules are aiming to get more people paying into pension plans and therefore reducing the government’s liability to provide a retirement income. I hear that [...]
Archive for the ‘Pensions’ Category
October 31st, 2011
Shouldn’t Business Pension reform be explained to businesses by now?
Posted in Pensions 
Tags: 10 Years, Aim, business pension, Compulsory Contributions, Contracts, New Business, Pension Legislation, Pension Plans, Pension Reform, People, Retirement Income, Running, Salaries, Staffs, Yearly Salary
Tags: 10 Years, Aim, business pension, Compulsory Contributions, Contracts, New Business, Pension Legislation, Pension Plans, Pension Reform, People, Retirement Income, Running, Salaries, Staffs, Yearly SalarySeptember 27th, 2011
Is your business ready for the new rules regarding business pensions?
Posted in Pensions Tags: 3 Years, Administration Work, Aviva, Business New, Choices, Company Pension Scheme, Fall Back, Fund Members, Government Legislation, National Employment, New Business, Pension Fund, Pensions, Reason, Salary, Scottish Widows, Staging, Suitable Plan, Unnecessary Costs, Wages
Tags: 3 Years, Administration Work, Aviva, Business New, Choices, Company Pension Scheme, Fall Back, Fund Members, Government Legislation, National Employment, New Business, Pension Fund, Pensions, Reason, Salary, Scottish Widows, Staging, Suitable Plan, Unnecessary Costs, WagesNew government legislation will be introduced from 2012 and is highly likely to increase costs for most employers. They will be forced to pay up to 3% of the wages of the majority of their employees into a company pension scheme. This is only one of several issues that will affect costs because of the [...]