The Handbook of Work-based Pension Schemes

Download or read book The Handbook of Work-based Pension Schemes written by Adam Jolly and published by Kogan Page Publishers. This book was released on 2013-01-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: From Autumn 2012, all UK employers will be expected to start offering a pension to any employee who earns more than £5,000. This compulsory measure has far-reaching consequences for all players: not only will many new pension customers be brought into the market, but companies face strict deadlines and major fines if they do not comply. The Handbook of Work-based Pension Schemes takes a practical approach to the many issues and crucial decisions now facing employers. Choose the right course of action and pensions can become a powerful incentive for employees, but make a mistake and the consequences can be far-reaching and expensive. Published in association with the Institute of Directors, the book is designed to ensure that this new pensions system fulfills its promise to both employers and employees.