Firms in the South risk unwelcome attention from the Pensions Regulator unless they get to grips with the auto-enrolment of their employees into qualifying pension schemes.
A seminar near Southampton will highlight the issues and dispel some of the myths that could cause employers to make costly implementation errors.
Being held at the Royal Southern Yacht Club, Hamble, the complimentary event by the South Coast office of accountancy and investment management firm Smith & Williamson takes place from 8am to 10am on July 9.
Richard Green, who heads up the office, said: “Experience to date would indicate that operational planning needs to start about a year before a company’s staging date and planning for the financial implications needs to start well before this.
“Local firms risk heading off in the wrong direction if they don’t get to grips with auto-enrolment – it is a finance director’s nightmare.”
The seminar will benefit those involved with financing and managing the process, such as finance directors, HR directors and payroll managers, all of whom increasingly form part of companies’ auto-enrolment project teams.
Auto-enrolment has been brought in by the government to target employers who do not offer a suitable workplace pension scheme for their employees.
Smith & Williamson’s experts at the event include Chris Murray and Ian Luck, directors of the Employee Benefits practice, and Peter Maher, National Head of Financial Services.
