Stakeholder schemes were introduced by the Government to encourage people with moderate earnings to save for their retirement. They are intended to be cost-effective, flexible and accessible to all. Unless you already have a pension scheme which all your employees are entitled to join, you will almost certainly have to arrange for them to have access to a stakeholder scheme. This briefing explains what stakeholder schemes are and how they will affect you as an employer. It covers:
- Whether you are obliged to offer access to a stakeholder scheme.
- Which employees you must offer access to a scheme.
- What is involved.
- Where to get help.
Click the link below to access the full document:
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