What are auto enrolment pensions? In a nutshell
A popular topic in the news at the moment is that the age to receive your state pension has increased to 68, many people are wondering how the changes will affect them.
In this In a nutshell video, Chris Dunston from Artavia PFS explains what Auto enrolment pensions are and how they can benefit you.
“It applies to all UK employers, no matter how many people they employ.
If you're an employer, and you haven't yet done so, you will soon need to enrol your staff in a pension scheme and make employer pension contributions of at least three percent of their salaries.
Remember, a pension plan is simply a savings plan with tax relief incentives both now and when you come to draw funds from it when you retire. So it's an important benefit for later life.”
To find out more you can contact Chris by email at chrisd@artaviapfsltd.co.uk and by phone at 01392 362362.
You can find more of the In a nutshell videos on our YouTube channel http://www.youtube.com/user/BEInaNutshell