Haulage companies are amongst the 1.8 million businesses that need to establish and enrol their employees on to a Workplace Pension scheme by 2018, to avoid heavy fines, according to the Federation of Small Businesses (FSB). Some may need to act even faster.
Ahead of Halloween 2016, FSB has identified what it’s calling ‘stage fright’ – a fear of finding out what the deadline (staging date) for your business to set up its Workplace Pension scheme is.
Some of its members, UK-wide, have also admitted to being “scared to death” before watching an FSB advice webinar on this piece of legislation and say their nerves have settled down once they’ve realised they can meet their legal obligations by joining the hassle-free and quick-to-set-up FSB Workplace Pensions scheme.
FSB Workplace Pensions is one of the exclusive range of vital business services including advice, financial expertise, support and a powerful voice in government that FSB membership offers to UK SMEs.
The cost of membership starts at just 0.44 pence per day and a business employing 21-30 employees pays a maximum of just over £1 per day. For that, you can access a host of benefits on top of joining the FSB Workplace Pension Scheme, including FSB charge-free Business Banking and FSB Tax Investigation Protection. There are also vibrant networking events and an informative member magazine to guide you on a wide range of business issues.
If you’re nervously wondering what to do about your business’s Workplace Pension, or haven’t a clue, this could be your answer. Go to www.fsb.org.uk/benefits orwww.fsbpensionservices.co.uk to find out more.