Employer Pension
As an employer your company may choose to offer employees a pension scheme.
Employer pension schemes can have a range of benefits for
both company and staff. There are a number of different options
that you may like to consider when looking for a pension scheme
that would suit your company best/
Pension scheme options that you may choose to offer as an
employer include:
Or you may also have the option of enrolling employees in
the new central pension scheme, NEST (National Employment Savings Trust).
Finding the right pension scheme for your business needs will
depend on the size of your company and the amount that you are able
or willing to budget on pension benefits.
Not all employers are legally obliged to offer employees a pension scheme yet, but changes to the law that will be phased in between 2012-17 mean that they will soon be. To prepare for these changes, if you don't already have a qualifying pension scheme in place, now could be a good time to start thinking about your options.
The changes to pension law will also include a requirement for employers to offer a minimum pension contribution equivalent to 3% of the pensionable earnings of any employed enrolled in a company led pension scheme. To find out more on how these changes may affect your business please visit our Company Pensions 2012 page.
We recommend you speak to an independent company
pension advisor to help guide you through the options available
to to you when it comes to setting up a company pension
scheme.
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