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Q.1
Who is affected by the Pension regulation changes?
Every UK based employer
Every UK based employer with more than 50 staff
Every UK based employer with a pension scheme already in place
Q.2
What is meant by a ‘staging date’?
The date an employer needs to start thinking about their pension scheme
The date by which an employer must automatically enrol their staff
The date by which employers must tell their staff about the pension changes
Q.3
Can an employee opt-out of auto-enrolment?
Yes
No
Q.4
How often must auto enrolment occur?
Every year
Never, once opted out an employee cannot re-join
Every three years
Q.5
What is the maximum fine that The Pensions Regulator can impose for non-compliant businesses?
£10,000 per day
£10,000 per month
£10,000 per year
Q.6
Members of trade organisations belonging to the IRC get a FREE consultation with our Pensions partner, but how much would it normally be worth?
£100
£250
£500
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