Almost 100,000 companies need to
set up a pension in the first quarter
of the year, which is more than in all
of 2012, 2013 and 2014 combined.
There is a danger many will ignore
their duties and fail to get advice.
Despite the efforts of The Pensions
Regulator and their accountant
sending them a letter or two, many
companies will ignore this
correspondence and it won't be until
five months later they get a
reminder to comply from the
regulator and the threat of a fine.