Hi Fran, thanks for your help. It is appreciated.
Please take whatever time it takes.
The practical answer is that you do not. The vast , vast majority of employers do not run their own pension schemes as they are a nightmare.The best thing to do is contact a pension provider to come up with a package for your employees. It will cost you nothing as they get the business and then if there any questions that arise you simply contact them for guidance.(also if it goes wrong it is not your fault)
I hope this helps.If there are any further points please reply.
Thank you Michael.
I take it that means us looking in Yellow Pages or Google for someone like Scottish Widows, and making contact?
Sounds simple! Will they offer our employees the 'SASS (something to do with self administrating scheme with his current employer)' we have had mentioned?
It was that which made us think we would have to do something ourselves.
I would telephone a few. From your point of view you want a company that are prepared to do some work to get the order such as to come and explain the scheme to employees and who will be accessible.I would also go for a plan that I understand enough to be able to deal with most basic employee enquiries so it looks like I know what I am doing.Seriously though I would shop around a bit.
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