One of the few mandatory employee benefits in the UK is a workplace pension. Under the Pensions Act 2008, UK employers must automatically enrol their eligible jobholders into a qualifying workplace pension scheme that meets auto-enrolment requirements, if they are not already active members of such a scheme, and must pay at least the statutory minimum employer contributions.
Over time, many employers have failed to maintain compliance with their duties. This can be for a number of reasons, including changes in personnel, loss of records, or misunderstanding of the legislation. We have an expert team and audit process which can assist employers in re-establishing compliance.
This audit process can be instigated where there is merger and acquisition activity, where the purchaser may wish to be reassured that there are no hidden risks before taking on responsibilities.