Corporate Pensions Legislation

Auto-Enrolment for Employers

The government is introducing new legislation making it compulsory for employers to enrol eligible workers into a qualifying workplace pension scheme, without any active decision on the part of the employee, and to make contributions to that scheme. This is known as Auto-Enrolment.

Auto-Enrolment will take place between October 2012 and 2016 (depending on the size of the company), although employees will be able to opt out of their employer's pension scheme if they choose not to participate.

MFS can advise your company on the type and structure of corporate pensions schemes suitable for your business and how to comply with any new legislation.