Brooms Payroll and Pension Solutions Limited
Starting from 2012 employers will be required to automatically enrol their workers into a workplace pension if they meet the criteria.
If you don’t already offer workers a workplace pension scheme, you must set one up before your business’ staging date.
You will need to automatically enrol them, as they become eligible depending on your company’s size. Criteria is dependent on age, earnings and eligibility.
The regulator will have the power to issue a fixed penalty of £400 to an employer, as well as escalating penalties at a daily rate. With this in mind Brooms Payroll and Pension Solutions Ltd are offering advice on Auto-Enrolment, from the initial consultation, to the implementation and more.
There are 5 stages to the financial planning process, each of which is separately costed, although the initial consultation is at our expense. These include Initial consultation, gathering financial data, pre-assessment of employees, implementation and ongoing service.
At Brooms Payroll and Pension Solutions Ltd, we believe that you should have the opportunity to tailor our service level to your requirements, and have produced a selection of tailored options to either the basic or standard service packages.