Workplace Pensions
Large and medium employers have already started auto-enrolment with mixed results, with smaller businesses being staged up until 2018. Currently the opt out rate is less than 10%. This will add another financial burden onto already struggling smaller companies.
When is your auto-enrolment start date? You should receive a letter a year before letting you know to prepare. There is a lot of administration work involved in assessing your workforce and determining who is eligible for the workplace pension. Are you prepared?