Opinion

Beware new nanny pension rules

Viewpoint
Don't fall foul of new rules for nannies' pensions, says Sarah-Jane Butler.

Here at Parental Choice we have been inundated with calls from parents worried about the implementation of the auto-enrolment pension obligations that, from 1 June, will see families setting up and paying into a pension for their nannies. However, it’s not quite the panic that it may at first seem. It just pays to be organised.

Larger firms have had to set up schemes for their workers since 2012, but now anyone employing 50 employees or fewer must sign up all workers over the age of 22 who earn £10,000 or more, subject to receiving a letter from the Pensions Regulator stating when they need to start complying. The earliest is from 1 June 2015 and the latest is February 2018.

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