Stakeholder Pensions in England - a short guide 2011


Stakeholder Pensions in England

Employers who employ 5 or more employees are obliged to offer their employees access to a stakeholder pension scheme (unless another qualifying pension scheme is provided by the employer), which means that they have to designate - formally choose - a stakeholder pension scheme their employees can join if they want to. By 2012 enrolment in a pension scheme and minimum employer contributions will become compulsory.

This article by Miller Rosenfalck LLP, London considers:

1. What is a Stakeholder Pension?

2. Who has to offer access to a Stakeholder pension?

3. Employees who do not need to have access to a Stakeholder Pension; and

4. How do you offer access to a stakeholder pension scheme as an employer?

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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