Stakeholders Pensions

What do the rules mean for you?

Remember that the Stakeholder pension regime came into force on 6 April 2001. Employers with five or more employees are legally obliged to offer them access to a Stakeholder pension. The only exemptions are employers who already have an Occupational Pension Scheme or a Group Personal Pension to which the employer contributes at least 3%.

The The Pensions Regulator will police the operation and availability of such schemes with significant penalties for non-compliance.

Also from 6 April 2001 a new integrated tax regime applies to Stakeholder and Personal Pension Schemes. Check our question and answer session for the main implications.

Please view our factsheet for further details by clicking here.

Please talk to us if you have any questions we have not answered.