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Changes for small business to automatic enrolment timetable

Posted by William McBride
William McBride
William McBride set up Warde Graham Consulting in 2003 with a view to offer indi
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on Wednesday, 30 November 2011
in Pension Planning and Advice

The Government has confirmed that automatic enrolment will begin on time in autumn 2012 and all employers will remain in scope.

Small businesses will be given additional time to prepare for the implementation of automatic enrolment. The timetable will be adjusted so that no small employers are affected by the reforms before the end of this Parliament.

The rate of pensions contributions will remain unchanged until all businesses have started automatic enrolment.

Under the revised timeline, small business would begin automatically enrolling their staff in May 2015, instead of the current timing of April 2014. Half of all workers will still be automatically enrolled before the end of this Parliament.

 

William McBride set up Warde Graham Consulting in 2003 with a view to offer individuals and corporate clients the very best service and financial advice.



He has advised clients not only in the UK but also overseas since 1992 where he has gained vast knowledge in Pensions and Investments. Most of William’s clients are referred by Solicitors and Accountants where tailored advice is the main priority. William is a keen sportsman with a special interest in Golf.
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