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Getting to grips with auto-enrolment

3 February 2016

Businesses across the UK are enrolling staff into workplace pensions following Government changes. Over the next year many farms will be required to take this step. Experts share their tips on getting up to speed.

Many farm businesses will need to tackle auto-enrolment this year and experts have advised employers to prepare now to avoid costly mistakes when bringing in the new changes.

Both farm employers and workers are also being warned to prepare for the potential loss of immediate income this could create during a difficult time for the industry.

UK businesses are now required by law to enrol staff into a workplace pension.

What is auto-enrolment?

Law changes on workplace pensions mean businesses with employees must enrol them in a suitable pension and contribute to this. The amount of contributions will rise in the coming years.

Source: FG Insight

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