Frequently Asked Questions
The concept of a Workplace Pension Scheme was introduced by the Pensions Act 2008. All employers in the UK are required to establish a Workplace Pension Scheme on their Staging Date. On you Staging Date and each subsequent Pay Period you must carry out an Assessment of your employees. The employer must deduct a contribution from the earnings of all their Eligible Employees and pay this to the scheme along with an employer contribution. A process called Automatic enrolment.
“Corporate Benefits have made a very confusing situation very easy to manage. They gave us very clear sensible advise and clarified the confusing situation that surrounded the new pensions legislation. Our advisor was extremely friendly and knowledgeable about the new arrangements and was very good at listening to our needs and advising us appropriate to meet those needs. We feel we’ve had a very high quality service from our advisor and would be very happy to recommend them.”
I am delighted with the Retirement Advice provided by Corporate Benefits Consulting Ltd, in particular, the way Iain McCallum explained every option carefully and in a way that I could easily understand so that the whole process was very straight forward and hassle free.
ManagerEdinburgh Dog & Cat Home
Thanks to the team at Corporate Benefits for the very professional and straightforward resolution of my pension difficulties at retirement. Consolidating my four separate pensions into one and getting an enhanced annuity due to my health problems had given myself and my wife quite a few worries but not any more. Great communication , clear, upfront and concise advice from start to finish of this process has lifted a weight from both of us. Once again thank you . Murdo and Margaret Dolan, Glasgow