If you’re an employer with staff in an auto-enrolled pension scheme, there are a few changes to contributions in April that you need to be aware of.

Below is a summary of the new contributions for employers and their employees.

Firms with employees in auto-enrolment pension schemes will need to ensure that their schemes comply with the new minimum pension contribution requirements taking effect on 6th April 2019.

However, companies do not need to take further action if either they don’t have any staff in a pension scheme for automatic enrolment, or if they are already paying at or above the increased minimum amounts.

The contributions paid into a pension scheme by firms and their employees will vary depending on the sort of scheme in place.

If you’d like to find out more about updating your pension schemes in Oracle EBS, via a Managed Services provider that puts your interests first, contact Claremont to discover how we can help you.




Choosing the right Managed Services Provider

If you are looking for an Oracle partner who can help you with your technology investment, goes about it the right way and can back up the talk, then contact us. You can email us at info@claremont.co.uk or phone us on +44 (0) 1483 549314.

Further Insights

The only impossible journey, is the one you never begin!

Claremont designed and implemented a payroll solution in under 3 months for West Midlands Railway, saving significant costs for the customer. The payroll solution was able to address the complexities of the railway employment contracts and terms at the fraction of a cost of a new system.

Time Is Running Out For Your Last EBS Upgrade

Time is running out for Oracle users on E-Business Suite 12.1. Premier Support for Oracle E-Business 12.1 will be provided until the end of December 2021. At the time of writing (January 2020), that’s 103 weeks away. That’s loads of time, right? Maybe not.