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What looked like a terminal decline in British car manufacturing started in the 1970s. Some may blame the trade unions, and some poor management. Either way, many wrote off the automotive industry in the UK for good. But the industry has quietly and very powerfully come back, as I discovered on a recent tour of the £500 million new Jaguar Land Rover engine factory in Wolverhampton – the first Jaguar engine factory to be built in a generation.
Caroline Castle, from Torquil Clark, provides monthly guidance on auto enrolment topics that employers should pay particular attention to. Since auto enrolment was launched in October 2012 there has been the right for employees to “opt out” of the system. This is because they have been enrolled as pension scheme members through legislation rather than personal choice. Whilst the actual numbers of employees following this route has been far lower than the industry anticipated, there have still been a few who have decided their employer’s plan is not right for them, and who want to unravel the whole process and … Read More »
Caroline Castle, from Torquil Clark, provides monthly guidance on auto enrolment topics that employers should pay particular attention to.
The Chinese Premier’s visit to the UK last week provided an opportunity to celebrate the growing trade links between our two countries, but it also inevitably reignited the debate about the very different ways our governments and societies function.
The Pensions Act 2008 established new duties that mean you need to provide your workers with access to a workplace pension scheme that meets certain minimum standards, here Caroline Castle, Senior Employee Benefits Consultant at Torquil Clark, takes a brief look at the key steps employers will need to consider.
Caroline Castle, from Torquil Clark, discusses Auto Enrolment and the requirements of you as an employer. With just the first half of the 2014/ 2015 tax year requiring 27,400* employers to auto enrol their employees into a workplace pension scheme, the new pension regime that the Government introduced from October 2012 is now reaching its momentum. It is now affecting the smaller employer with April 2014 to April 2015 heralding its arrival for companies with between 50 – 249 employees.