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COMPANY PENSIONS

With the new government rules on auto-enrolment now in force, companies are finding themselves now having a statutory requirement to have a suitable pension scheme in place for employees and make contributions on their behalf. Not only that, you have the responsibility of automatically enrolling each employee into the scheme and administering those that wish to opt-out of the scheme. For those people, you have to carry out the exercise again at regular intervals.

It is important that you get proper independent financial advice to ensure that the scheme in place will meet the requirements coming in and that you have the support going forward when administering the scheme.