Taking the pain out of pension auto enrolment
Helping you meet your pension obligations
Under the pension regulations, every employer must now contribute to every eligible employee’s pension scheme. This is to fill the massive retirement savings gap that has emerged in recent years.
Auto enrolment advice
Where employers have an existing pension scheme in place, George Square’s team of experienced and highly qualified financial advisers will review your provisions to ensure that they meet the qualifying pension auto enrolment rules and establish if cost savings can be made.
And where there is no provision in place, our team can help you start planning – either by registering for the Government backed NEST or by setting up a qualifying scheme such as a Group Personal Pension (GPP) – and set up systems which meet the onerous Pensions Regulator reporting duties.
Employers have to provide a workplace pension scheme for eligible staff as soon as your first member of staff starts working for you (known as your ‘duties start date’).