With stakeholder pensions due to come into effect in less than a month employers up and down the cou...
With stakeholder pensions due to come into effect in less than a month employers up and down the country, both large and small, are busy preparing for the introduction of the savings alternative to the state pension. The Government-led initiative begins on 6 April from which date employees working at a company where a stakeholder scheme is in place will start to make contributions to their pension. Employers who haven't introduced a scheme by that date will have six months to get one in place or face the risk of being fined by the Government. Insurer Legal & General estimate the Gover...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes