Stakeholder Pensions

6. Finding Help

Since you are legally obliged to offer a stakeholder pension scheme (unless you fall into one of the exempt categories), it will pay to get things right first time.

6.1 Consult your professional advisers (eg your HR adviser, accountant or financial adviser) especially if you intend to rely on one of the exemptions (see 3).

• You cannot afford to make mistakes and the detailed legislation on stakeholder pensions is very complex.

6.2 Consult a financial adviser to help you set up a scheme.

• To find companies which are approved to sell stakeholder pensions, contact the Financial Services Authority (0845 606 1234).

6.3 Information is available on most aspects of stakeholder pensions. Visit www.stakeholderpensions.gov.uk for links to relevant websites.

• For information on stakeholder pensions and registration requirements, contact the Pensions Regulator on 0870 606 3636. Consult the website to find out if you are exempt from offering a stakeholder pension (www.thepensionsregulator.gov.uk)