Thousands of businesses in the United Kingdom are going to have to take on a very daunting task as the government is now requiring them to have a workplace pension scheme in place. Government officials predict that between now and 2018 there will be 11 million United Kingdom workers that will get enrolled into a pension scheme so they can start saving for their future. All United Kingdom workers do have the option of opting out of the scheme as long as they do so within the first month of joining.
It is predicted that smaller businesses are the ones who are really going to struggle with this change. In the United Kingdom, a small business is considered to be a business with less than 50 employees...Read More