Also in the news...
Foreign travel advice Georgia
Warnings and insurance Still current at: 16 May 2024 Updated: 16 May 2024 Latest update: Information on the political situation across Georgia ('Safety and security' page).
How to market and package ecommerce products for maximum impact
To market and package your ecommerce products for maximum impact, start by understanding your target audience's demographics, passions, and daily struggles. Tailor your product descriptions and packaging to resonate with their identity, making them feel like part of a community.
Foreign travel advice Norway
Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: This travel advice was reviewed for style and accuracy.
Guidance Living in Austria
Information for British citizens moving to or living in Austria, including guidance on residency, healthcare and driving.
Foreign travel advice Sweden
Warnings and insurance Still current at: 13 May 2024 Updated: 13 May 2024 Latest update: Removal of information about Eurovision Song Contest ('Warnings and insurance' and 'Safety and security' pages).
Company Pension Schemes
UK Company Pension rules have been in the news for the past few years, particularly that the UK population are not making sufficient financial provision for their retirement and with longer life spans many people run the risk of not being able to live comfortably when they retire. The Government have taken steps to ensure that employees are members of a pension scheme and do not solely rely on state pensions.
The Pensions Act 2008 requires all employers to set up and contribute to a workplace pension scheme for anyone they directly employ. This legislation applies to any employer who has one or more members of staff. This is called “Automatic Enrolment”.
Companies must have a pension scheme in place once their “automatic staging date” has been reached. The automatic staging date for companies was set in 2012 and the larger employers were required to have pension arrangements in place at an earlier date than smaller employers.
There are different pension schemes and providers that a company can choose from and care must be taken when selecting the scheme. However, whichever scheme is selected it must satisfy the Pensions Act requirements.