COMPULSORY pensions will be imposed on companies from October 2012 under the new National Employment Savings Trust (NEST) legislation.
Do you know how your existing scheme measures up against that proposed by the government? If it is not deemed good enough then you will need to either replace the existing scheme, improve the scheme, or open another pension scheme to run alongside it!
Many employers will view the new legislation as a burden eating into their resources and profits – viewing the legislation as a cost rather than an opportunity. We wish to help forward thinking companies who care about their staff use this opportunity to positively promote pensions, and maximise the impact and investment in its staff.
As one of only 400 Chartered Financial Planning businesses in the United Kingdom working alongside one of the leading accountancy practices in South Wales we have built our reputation on offering sensible, practical advice to our clients.
If you would like to find out more about the new pension legislation and how you can ensure the new NEST legislation has a positive impact on your business rather than another time consuming, expensive piece of government red tape please call Mark Redman on 01633 653189.