Workplace Pensions

Workplace pensions are arranged by employers to enable employees to save for their retirement. By 2018 all employers must provide a workplace pension for eligible staff – this is also known as ‘automatic enrolment’.

How do Workplace Pensions work?

A percentage of your employees’ pay will be put into the pension scheme automatically on each pay day, and as an employer, you will also need to contribute a certain percentage towards your eligible employees’ pensions.

If you don’t currently have a workplace pension scheme or you want to find out more about eligibility, please contact the Worcestershire Business Central team today on 01905 677 888. We can offer guidance and direct you to the most helpful resources.

Your Auto Enrolment Duties

As an employer, you will need to set up a workplace scheme, if you do not already have one, or check that your current scheme meets the automatic enrolment rules. Failing to do so, could result in a compliance notice or penalty fine, so it’s important to be aware of your automatic enrolment duties.

Need More Information?

If you need help with workplace pensions, speak to Worcester Business Central today.



Call our team today on

01905 677 888



Or E-mail our team today

info@worcestershiregrowthhub.co.uk

Click here to make an enquiry

Name
Phone
Email*
Message
I am interested in
- Starting Your Business
- Running Your Business
- Growing Your Business
- Funding Your Business
- COVID-19 Support
- EU Exit Support
By submitting this form, you acknowledge and consent to the data in this application form being held on the shared database in accordance with the Data Protection Act 2018. By submitting this form you consent to receiving information on grants, business support and funding schemes via telephone, mail and email by partners. For further information please visit https://worcestershiregrowthhub.co.uk/data-statement/
Phone
This field is for validation purposes and should be left unchanged.