In October 2012, the Government introduced workplace pension reforms to increase the number of employees that are saving for their retirement. These reforms will impact on every employer and they will need to prepare for these changes.
As a company director or business owner, it is your obligation to understand what a Qualifying Scheme is, what the process will be, how it will work, what duties you must comply with and, perhaps most importantly, when to take action.
We have successfully advised a number of clients on the various challenges that auto-enrolment presents. We also have a dedicated adviser and back-office team to enable the smooth transition when implementing the scheme whilst simultaneously navigating some of the traps for the unwary.
If you would like to understand more about auto-enrolment and how it affects you then please contact
Duncan Taylor on 07702 496411.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select and the value can therefore go down as well as up. You may get back less than you invested.