The Pensions Regulator is now issuing penalty notices to those businesses that fail to introduce a workplace pension in time. The recent compliance and enforcement bulletin from the regulator highlights that since September 2015 there have been 589 of these penalty notices served. The large majority of these were fixed penalty notice under section 40 of the Pensions Act 2008 of £400 for failure to comply with a statutory notice or …Read More
Tag Archives: auto enrolment
Preparing for your new legal Pension Duties 25th March 2014 / 12.30pm ‐ 1.30pm It is important that as an employer you and your clients fully understand all of the duties that are expected under Automatic Enrolment. Sterling North would like to invite you to attend this one hour workshop which will take the form …Read More
The law on workplace pensions has changed and every employer must now comply. It is important that you start planning today to ensure a smoother transition when the time comes to enrol your staff. If you would like to know more please feel free to: contact us.
Auto-enrolment services There are 4 main areas of Auto-enrolment that Sterling North can help employers with. 1) Free consultation – The first stage of planning involves an initial meeting with one of our qualified advisors. This is a good opportunity to thrash out all the options available for your business. Those who already have an existing workplace pension schemes in place might like to make any information held available, so …Read More
Auto-enrolment Planning is key to successful auto-enrolment for SMEs A year has passed since the first of the larger employers started to auto-enrol employees into a workplace pension scheme and, according to DWP, it’s been more successful than expected. Their research estimates that over 90% of people who have been placed into a workplace pension by their employer are staying in. Previous DWP research had shown a likely opt-out rate …Read More