Workplace Pensions - Do you have a Workplace Pensions solution in place yet?

A number of practices have asked us what they need to do to comply with this Government initiative to increase private retirement savings within the UK.

The legal requirement to provide a suitable scheme for all eligible staff is clearly a cause of some concern within practices, and non-compliance can result in significant levels of fines.

Whilst this is not our area of expertise, within the dental market we have a working relationship with the Frank Taylor Group and through them have been introduced to one of their group companies Simple Pensions.

The expert team at Simple Pensions will be able to provide a bespoke proposal for your business, even if you have more than one business or several business locations.

If your accountant and payroll company are dealing with this for you, they will also work alongside them to ensure you are fully compliant and deal with all the administrative burdens on your behalf.

You are ultimately responsible for the compliance of your scheme.

Accordingly, if you remain concerned by Workplace Pensions please contact Simple Pensions on 01202 309298 or email quoting reference DF001