Bond Pearce

The Government has announced that it will delay the requirement to "auto-enrol" jobholders into pension schemes for small companies by just over a year.

The new regime, which requires employers to auto-enrol jobholders into schemes and pay minimum levels of contributions towards their pensions, is due to come into effect from 1 October 2012 for the largest employers, with smaller employers to follow in tranches according to the number of PAYE employees employed as at 1 April 2012.

For employers with 49 or fewer PAYE employees on 1 April next year, the requirement to auto-enrol will now apply from May 2015 instead of April 2014. The Department of Work and Pensions will publish a revised timetable for employers in January.

Share RSS Print Follow us on Twitter LinkedIn

Other News

Equality Act – all change?

New Equality Act measures were announced by the Government yesterday.

More >>

We advise Pentland Road wind farm on £27million funding deal

Our energy practice has advised the developers of the Pentland Road wind farm on a £27milion project finance funding agreement with The Co-operative Bank.

More >>

Second conviction under Corporate Manslaughter and Corporate Homicide Act

A second small company has been fined under the Corporate Manslaughter and Corporate Homicide Act.

More >>

Queens Speech – what bills are relevant to you

In today's Queen's Speech, the Coalition Government has set out its proposals for legislation during the coming Parliamentary year.

More >>

Bond Pearce LLP is a leading commercial law firm providing regulatory, corporate, commercial, real estate and dispute resolution services to some of the UK’s pre-eminent organisations. We are recognised nationally particularly for our work in the energy, commercial insurance, real estate and retail sectors, and for our approach to client service. © Copyright 2011 Bond Pearce LLP. All rights reserved. 3, Temple Quay, Temple Back East Bristol, BS1 6DZ