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BHA steps in to help SMEs meet pension regulations

7th Dec 2016 - 10:07
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Abstract
The British Hospitality Association (BHA) has partnered with the BlueSky Pension Scheme to help its members comply with auto enrolment. The BlueSky Pension Scheme features on the Pensions Regulator list of approved Master Trusts.

BHA members get free access to the scheme and pay 30% less for the real time auto enrolment system.

Ufi Ibrahim, CEO of the BHA, said: “Compliance and penalty notices are set to rise as we pass staging deadlines for small businesses. We have done the hard work on workplace pension for our members.

“Our partnership with BlueSky makes it easier for business owners to keep on top of pension compliance and avoid the time and the cost of being fined.”

From 2012 all employers must enrol eligible employees into a qualifying workplace pension scheme.

The organisation has reported growing numbers of businesses reaching their staging dates and an increase in compliance notices being issued by the Pensions Regulator. Over half of the notices issued in the last 4 years have been issued in the last three months.

Written by
PSC Team