Auto-Enrolment

In October 26, 2015
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Auto-Enrolment

pension pot

I am sure that many of you are aware of the new pension Auto-Enrolment Scheme. This scheme makes it compulsory for employers to automatically enrol their eligible workers into a pension scheme. Contributions are automatically taken from your salary and the employer must also pay money into the scheme.

Redwood Financial have bought forward our staging date, so that our team can begin to benefit early from starting to save and plan for our retirements!

This is the first week for us that Auto-Enrolment has begun and I have now had a chance to log-on to my own personal client site on the True Potential platform, where I can view my pension contributions and also set goals and aspirations for my future and also to set a target for my retirement and watch my funds grow…. It’s great!  What is also great about this True Potential scheme, is that I can also Impulse Save into my pension when I find that I have some spare money at the end of the month! This helps me reach my goals even sooner!

I have a couple of pensions which I am not currently paying into, so I am looking forward to seeing if these can be added into this scheme and to finally kick start my pension funding again.

If your Staging Date has approached, or if you are interested in bringing your Staging Date forward so that your team can also begin benefiting from planning for their futures, contact us now to find out how we can help you and your business set up your Auto Enrolment Scheme!

 

Your capital is at risk. Investments can fluctuate in value and investors may not get the amount back they invest. Tax rules can change at any time.

 

Please remember your home or property may be repossessed if you do not keep up repayments on your mortgage. We give clients the option to pay for mortgage advice by fee rather than commission. Equity Release refers to lifetime mortgages. To understand the features and risks, ask for a personalised illustration.

 

The Financial Conduct Authority do not regulate, Will Writing, Buy to Let Mortgages, Auto Enrolment, Tax Advice and Estate Planning.

 

The opinions contained within this blog, do not constitute financial advice and no action should be taken based on this content alone.

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Statement

Redwood Financial Family Wealth & Estate Planners Ltd is Directly Authorised and regulated by the Financial Conduct Authority. FRN number 774469.

Disclaimers

The Financial Conduct Authority do not regulate, Will Writing, Buy to Let Mortgages, Auto-Enrolment, Tax Advice and Estate Planning. Your capital is at risk. Investments can fluctuate in value and investors may not get the amount back they invest. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. https://register.fca.org.uk/

Contact us

Telephone: 01489 877547
Email: info@redwoodfinancial.co.uk

Company information

Redwood Financial Family Wealth and Estate Planners Ltd Company Number: 08926661
Registered Office Address: Wellesley House, 204 London Road, Waterlooville, Hampshire,