About this resource
How to make workplace pensions work for your small business
When auto enrolment was introduced back in 2012, many small businesses faced the prospect of the additional financial and administrative burden that was soon to be placed on them with trepidation. It had long been commonplace for large businesses to offer comprehensive benefits packages to their staff, including a workplace pension, but for many SME businesses this just seemed like yet another financial and administrative strain.
Despite this trepidation, SME businesses have had to embrace the reality of Workplace Pensions for their staff. Across UK businesses auto-enrolment has been a huge success and it has been one of the biggest drivers in getting people to save for their retirement in the history of pensions in the UK.
In this Guide we will look at what your responsibilities are as an employer; how to choose the right workplace pension; how to keep in touch with the changes and what is involved in re-enrolment.