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UK General Cleaning Forum => General Cleaning Forum => Topic started by: AJCleaningServices on March 12, 2006, 02:08:33 pm

Title: stakeholder pension
Post by: AJCleaningServices on March 12, 2006, 02:08:33 pm

As an employer I would have to provide my employees with access to a stakeholder pension. 

Are there any costs for an employer to pay in such  ::) case?

Regards,
Arthur

Title: Re: stakeholder pension
Post by: *Chris Browne on March 12, 2006, 02:35:17 pm

hi aj, you do not have to provide, you have to offer them the the opportunity, exemptions are :if you employ 5 or less, and as long as you keep them under the £82.00 per week threshhold then there is no need, although you can still offer if you wish to.

chris ;)

Title: Re: stakeholder pension
Post by: AJCleaningServices on March 12, 2006, 02:43:47 pm

Thank you Chris,
I know about exemptions, what I do not know is about the possible costs for me.  I have been surfing the net, but so far still do not understand whether I will have some costs to pay or not.
Regards,
Arthur

Title: Re: stakeholder pension
Post by: DP on March 12, 2006, 02:44:46 pm

Now this isnt about carpet cleaning or something is it?

If its really about stakeholder pensions then try http://www.hmrc.gov.uk/stakepension/ and search further, if not then we will need a clue!

How are you feeling today?

Title: Re: stakeholder pension
Post by: AJCleaningServices on March 12, 2006, 02:51:49 pm

I am OK DP, relaxed, drinking beer, thinking about stakeholder pension  ::) ...

Title: Re: stakeholder pension
Post by: DP on March 12, 2006, 03:14:03 pm

Yup beer and a change of subject, that will help.

Just remember, one day at a time.  :)

Title: Re: stakeholder pension
Post by: dustycorner on March 12, 2006, 06:13:46 pm

Hi Arthur,

I'm sure the exemption applies only if all employees earn under £4426 per annum, seeing how most of us are running this as our only business and take a full time wage then making stakeholder pension available is necessary. Have a chat with your bank get their insurance guy to sort it. You will just need to provide access to stakeholder pensions although if the government has its way we will helping with employees pensions in the near future to make up for Brown's bloody pillaging of pension funds 8 years ago .

Cheers Mark.

Title: Re: stakeholder pension
Post by: AJCleaningServices on March 12, 2006, 06:48:08 pm

Thank you Mark

Title: Re: stakeholder pension
Post by: DP on March 16, 2006, 09:52:55 am

No problem your welcome  ;)