Auto-enrolment six years on and six years ahead
Aegon reports on “auto-enrolment six years on and six years ahead”. “Employees on an average salary, making the minimum contribution from October 2012, would now have a pension fund worth £3,353 – a small but important start to their retirement planning. Saving for another six years until 2024, making the minimum contribution, would build the fund to £16,251 in return for £6,395 personal contributions”
Cotswold Independent Financial Services have been working with organisations on their auto enrolment schemes and if you would like to look at your options please do get in touch. We have successfully set up systems for employers with employee numbers ranging from 1 to 1,000 so you can be sure you are in safe hands and this issue can be taken off your desk so that you can get on with running your business.