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Can EARNIE manage Stakeholder Pensions?

April 26, 2017Earnie manage pensions stakeholder

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Can EARNIE manage Stakeholder Pensions?

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The Stakeholder Pension is a new type of Pension Scheme. By October 2001 every company must have in place either a pension scheme that complies to new legislation, or, a Stakeholder Pension. A Stakeholder Pension is an after Tax and NI deduction which can either be a percentage or a fixed value. In EARNIE, the Payment/Deduction Wizard includes options for the employee’s and employer’s contributions.