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Pensions - Technology White Paper 

Please click here to download your copy of Meridian's free white paper offering guidance on selecting software solutions that are equipped to handle the legal stipulations outlined in the Pensions Act. 

Employers and workers should now be prepared for Pensions Reform, which has included the introduction of NEST (National Employment Savings Trust) which is an automatic enrolment pension scheme for UK employers of any size. There are other providers you may wish to investigate, visit for more information. 

NEST provides access to a low-cost pension for employees and temporary workers. In brief, the new system will effectively lead to many workers saving towards their future for the first time – with their employers contributing as well. 

To help you understand the ramifications of Pensions Reform on the recruitment industry and, in particular, a temporary workforce, Mark Mitchell, Meridian Business Support's Chief Executive has prepared a White Paper called Pension Reform and the Temporary Workforce: What You Need to Know.

Minimum Contributions

Depending on the scheme chosen, at least 8% of an employee's qualifying earnings must be paid into a pension, which is made up of 1% tax relief, 3% employer contributions and 4% employee contributions. 

If an employer already has a pension scheme in place, and this scheme already meets the minimum requirements of the Pensions Act, they will have the ability to self-certify to that affect. 

Employees themselves are also able to opt out of their employer’s pension schemes. If this is the case, the employer will not be liable for paying employee contributions. 

Related Pensions Reform 2012 Links

Other Useful Pensions Reform 2012 Tools 

Meridian has developed a host of client support services on the Pensions Reform 2012, to find out more simply click on any of the links below: 

Pensions Reform Summit 

Meridian’s first Pensions reform Summit took place in London on the 21st February. The event was Chaired by DeeDee Doke, Editor of Recruiter magazine and  

A panel of representatives from the legal, recruitment and technology industries shed light on the recent introduction of auto-enrolment. Delegates discussed the current changes in pension legislation, as well as related topics on key employment issues including AWR, the Enterprise Bill and the Government’s Red Tape Challenge. 

Panellists included David Lunt, of the government-backed pension provider the National Employment Savings Trust (NEST), legal expert Tim Johnson, Principal at Tim Johnson Law, Paul Horan, Principal Consultant at Grant Thornton, Fiona McKay, Managing Director at Seminars and Solutions, Colin Jackson, Operations Manager at Safe EMS and Derek Kelly – Managing Director at Parasol. 

Tim Johnson of Tim Johnson Law gave a comprehensive overview of the most pertinent employment law issues facing British recruitment businesses, many of the issues raised will continue to develop in the months and years ahead. The panellist’s discussion generated a great deal of debate, particularly on the subject of auto-enrolment when applied to temporary workers. 

In summary the discussions were around; 

  • The complexities of the legislation
  • Preparation is the key to compliance
  • Companies have a choice in terms of pensions provider, however, it is vital an appropriate provider is chosen who understands the recruitment industry and the complexities of auto-enrolment when it comes to temporary workers
  • The design of the pension scheme is of paramount importance, what seems to be the most economical option may not always be
  • Technology will automate many of the administrative tasks required to meet employer duties
  • Finally, it is important to seek professional advice sooner rather than later 


Safe EMS; 

Tim Johnson Law; 

Click on the link to read Meridian's first in a series of Pensions White Papers; Pension Reform and the Temporary Workforce: What You Need to Know.

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