You may be aware of the Staging Date for your business’s commitment to be ready for the compulsory Workplace Pensions Auto-Enrolment Scheme and you may be thinking that you have plenty of time yet to do something about it.
We at Banwell Accountancy have performed extensive research into this and discussed the issue with independent financial advisors and pension companies. We have thoroughly read the relevant information on the Pensions Regulator’s website and we have started the process of AE, even though our staging date is not until July 2016.
You see, if you knew what we know, you would not wait. Potential problems are more likely to occur if you leave it to the last minute and these problems could result in sizeable fines (many fines have already been issued).
Providing a workplace pension scheme for your workforce is now law and if you haven’t already, we urge you to do your research and put things in place – and the sooner the better, no matter what your staging date.

Call us today for a chat about this very important issue that will affect every employer, no matter what size!