Getting To Grips With Auto enrolment Costs

Most businesses will be aware now that workplace employee pension schemes are coming into force over the next few months, but many are still having trouble getting to grips with Auto enrolment costs.

For small businesses in particular, Auto enrolment is an expensive exercise, and there are lots of potentially forgotten expensive that can drive up the cost beyond your budget.

The Time For Auto Enrolment Is Now

Pensions law for employers is changing. It is very important, as an employer, that you understand what you need to do and by when to avoid a fine.
The new pension regulations default scheme
Under the Pensions Act 2008, all employers regardless of how many people they employ, must auto-enrol their employees on a workplace pension scheme.