As small business acountants Harris & Co are constantly looking out for issues that affect our clients. Having only recetly digested RTI, employers need to get ready for the next wave that is about to crash over them! Wave? More like Tsunami according to this article http://blog.mercia-group.co.uk/2013/05/23/pensions-automatic-enrolment-is-there-a-tsunami-coming/
We are likely to be the first place that most small businesses will turn to for advice and we are working with some pensions experts to have a solution ready for the local small businesses that we look after. The most concerning thing is that many Northampton businesses that we speak to just do not comprehend the level of administration (and therefore cost) that the new pensions regime is going to involve. As soon as we discuss it with them, almost universally, small and medium sized businesses say that they will ask us to administer it!