You will have heard about Auto Enrolment but do you understand how it actually affects you?
20th April 2015
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We asked Martin Ward from Four Oaks Financial Services Limited to try and put it as simply as possible.

Auto Enrolment: (AE) 

Over the next few years employers MUST set up an Auto Enrolment pension scheme. This is required even if eligible employees do not want to join. 

The Facts:

  • Every employer must set up a scheme
  • Even if only 1 employee
  • Employees must join
  • Employees can then opt out
  • Fines will be charged if AE scheme is not set up
  • It can take up to 6 months to set up a scheme 


  • Find out your staging date

(The date by which your scheme must be set up)

  • Make your plans
  • Get advice 

Four Oaks Financial Services have set up many AE schemes and for Best of Lichfield business members offer a free review so you can understand the rules and obligations. 

So if you would like a review from Martin or one of his team then give them a call on 01543 401029.


About the Author

Louie C

Member since: 10th July 2012

I am passionate about 'Buying Local' and supporting our local businesses to 'keep the pound' in town, to help grow our economy here in Lichfield.
We have a wealth of history an eclectic mix of independent...

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