By 2018, it will become law for all employers to automatically put their employees into pension plans. As of July 2015, this law already applies to any employer with a workforce of 30 or more staff.
NEST is a national pension scheme that all employers can use, if they wish, to put their employees into.
You can find out more about auto-enrolment and NEST here in this section of workSMART.
Note: This content is provided as general background information and should not be taken as legal advice or financial advice for your particular situation. Make sure to get individual advice on your case from your union, a source on our free help page or an independent financial advisor before taking any action.
What is WorkSmart?
A career coach that works for everyone.
Enjoy bite-sized activities delivered to you every week.
Equip yourself with essential skills to be the best you yet.
Get the guidance you need to stay focused and reach your goals.