Almost 10m employees are now paying in to a workplace pension. It's an easy and effective way for your staff to save for their retirement, and with more and more employees paying in, it's likely that you may be receiving more questions about it.
Employers are a trusted source of advice on the workplace pension for employees but we know, especially for small businesses, that speaking to staff about the benefits of the workplace pension can sometimes be a challenge. This could be because your workplace pension scheme is managed externally. Or it could be that you don't have a dedicated HR or finance person within your organisation.
Department for Work & Pensions have created a toolkit for our sector, designed to help you feel better equipped to discuss the benefits of workplace pensions with your staff and answer their questions.
Research has also shown that businesses enjoy increased productivity, stronger morale and employee retention, better work engagement and fewer absences if they help improve staff financial wellbeing and peace of mind. The toolkit will help you talk to staff about the importance of saving for retirement and how a workplace pension is a good way to help them do this. It includes a range of government-approved resources to hand out or put up at your premises.
You can download all the items in the toolkit here or call 01233 664770.
If you'd prefer a free printed copy sent to you, please contact firstname.lastname@example.org stating your name, company name, number of employees and business address.
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