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Inside Your Workplace Pensions eBook
Automatic enrolment has ‘changed the UK workplace forever,’ according to the Pensions and Lifetime Savings Association. Over seven million people working for over 340,000 employers have started to save via a workplace pension as a result of automatic enrolment, with more to come between now and February 2018. No employer – however small – can afford to ignore these changes.
This radical pension reform got underway in October 2012 and has already worked its way through all employers which had PAYE schemes at 1 April 2012. It is now focused on those which were established after that.