The Government has introduced new pension reform legislation to help encourage the UK workforce, and their employers, to save towards their retirement.
Auto-enrolment will affect everyone, and it is essential that you act at the earliest opportunity.
As part of this process you need to assess your workforce. This is a complicated process which categorises your workforce and identifies those who qualify for initial auto-enrolment. Experience has shown that this stage has thrown up a number of issues that take time to resolve.
Moore Kingston Smith Financial Advisers are here to help you with this process.
By assessing your workforce we will be able to provide you with a comprehensive report detailing the following:
- Summary of your employer duties
- When the changes affect you?
- What you need to do, and when?
- What will happen if you don’t comply?
- Employer duties for different types of worker
- Assessing your workforce
It takes time to analyse the data and prepare the report so don’t delay this process.