31 Jul 2012
For the past 18 months Wingate Benefit Solutions has been recommending that businesses familiarise themselves with the changes and responsibilities being introduced under the Workplace Pension Reforms which apply from October 2012.
In reality, most businesses will not be affected by the new legislation straight away but with our assistance, some important planning can be done now to minimise the administrative and financial burden at the time the reforms apply to your business.
How can Wingate help?
By spending time with you to understand your current situation and collecting very basic information from you, Wingate Benefit Solutions can prepare and produce a personalised Workplace Pension Reforms Workforce Assessment Report for your management team to review and consider so that the necessary planning can take place.
This report will make reference to:
- When your staging date will be
- What you will need to do now, at your staging and after your staging date
- How to assess your workforce
- What will happen if you do nothing
- Your options for calculating pension contributions
- Other things you will need to think about
Workplace Pension Reforms is happening and will not be going away.
We recommend that all businesses take advantage of our complimentary report and should you wish to take advantage of this offer, please do not hesitate to contact us.
Wingate Benefits Solutions are here to assist you in planning for the new reforms. Should you wish to discuss the above in more detail or any other aspect of your pension scheme please do not hesitate to contact your usual Wingate Benefit Solutions adviser or call us on 0844 406 0027.
Tax and legislation are liable to change. This information is based on WBS’s current understanding of UK law and HM Revenue & Customs practice and legislation we believe may apply in the future. No guarantees are given regarding the effectiveness of any arrangements entered into on the basis of the information contained herewith. It is recommended that professional advice is sought prior to entering into any financial arrangement.