June 8

Pension changes that may affect you as an employer or an employee.

The UK’s most radical pension overhaul for years reached another milestone last week, which will impact thousands of companies and millions of employees across the country. The new scheme for workplace pensions, which came into force in 2012, was introduced to tackle fears that people are living for longer but are not putting enough money aside for their old age. The Government has sought to address this by bringing in an automatic enrolment workplace pension scheme.