Our services: workplace pensions

The Government is proposing to bring in new laws from 2012 that will have a significant impact on every employer in the UK.

The framework for these new laws is already in place in the shape of the Pensions Act 2008.

• Employers will, for the first time, be required to automatically enrol eligible employees into a pension scheme.
• Employers will now have to pay pension contributions for any employees who join and stay in the pension scheme.
• The Pensions Regulator will police and enforce these new laws, issuing severe penalties if you do not comply.
• Even if you have an existing workplace pension scheme, you may have to make changes so that it complies with the new laws.

Harris Lipman works with independent financial advisers AWD Chase de Vere, who have over 20 years’ experience in the pensions’ industry and are familiar with the challenges that businesses will face in light of these new laws and regulations.

AWD Chase de Vere can:

• Help you review your existing workplace pension scheme to make sure it will comply with, or exceed, the new requirements.
• If you haven’t got a pension scheme yet, they can help you put one in place.

They can help with arrangements, such as salary exchange, that can save you money and offset the impact that these new laws will have on your business.

So, you can wait and let someone else – who knows nothing about your business – set up and run a pension scheme for your employees or you can set up your own scheme and retain complete control over your benefits package.

Don’t leave it too late! Contact us now to arrange a consultation.