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?