Business advisers across Scotland should also be prepared to help their employer clients. The regulator’s website http://www.thepensionsregulator.gov.uk/employers/getting-started.aspx should be the first port of call for both employers and their advisers.
Executive director of automatic enrolment at The Pensions Regulator, Charles Counsell said: “Employers across Scotland whose duties will come into effect in the coming months should by now be gearing up to meet their duties. If they are not, then they should act now.
“We know that the majority of employers want to do the right thing for their staff and we are here to help, but those who leave their plans to the last minute risk financial penalty. Whether you are a florist, a builder or run a pub, automatic enrolment applies to you.
“We are now approaching the three years since the start of the automatic enrolment and it has been a success – saving for a pension in the workplace is now the norm. Now employees in small and micro businesses will get the opportunity to save for their retirement.”
A new Facebook page has been launched making it easier for small and micro employers to seek and exchange information. In addition, the regulator holds regular webinars and question and answer sessions on LinkedIn. Details can be found on the website. http://www.thepensionsregulator.gov.uk/automatic-enrolment-guide-for-business-advisers.aspx].
