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Pensions

Managing a pension scheme

There are a number of rules and legal stipulations that govern the management of a firm’s workplace pension scheme.

Pension Reforms 2012

Big pension reforms began being phased in from October 2012, which will mean that employers must automatically enrol eligible staff into a pension scheme.

Providing workplace pensions: an employer’s responsibilities

At the moment, employers are not obliged to provide employees with a pension scheme, although many are required, according to the size of the workforce, to give workers access to a scheme that is run by a pensions provider.