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.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).