Pet product retailers are amongst the 1.8 million businesses that need to establish and enrol their employees on to a Workplace Pension scheme by 2018, to avoid heavy fines, according to the Federation of Small Businesses (FSB). Some may need to act even faster.
Ahead of Halloween 2016, FSB has identified what it’s calling ‘stage fright’ – a fear of finding out what the deadline (staging date) for your business to set up its Workplace Pension scheme is.
Some of its members, UK-wide, have also admitted to being “scared to death” before watching an FSB advice webinar on this piece of legislation and say their nerves have settled down once they’ve realised they can meet their legal obligations by joining the hassle-free and quick-to-set-up FSB Workplace Pensions scheme.
FSB Workplace Pensions is one of the exclusive range of vital business services including advice, financial expertise, support and a powerful voice in government that FSB membership offers to UK SMEs.
Go to www.fsb.org.uk/benefits or www.fsbpensionservices.co.uk to find out more.