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Wealth Management

Our Wealth Management specialists have over seventy years’ experience – discover how we can help you to plan for the future

Workplace Pensions and Auto Enrolment




Time is passing – are you in control of your auto enrolment costs?



Workplace pensions law changes came into effect in October 2012. The changes mean that for the first time all employers large or small are required by law to help their employees to save for retirement.   

This is done by automatically enrolling all ‘eligible jobholders’ into a qualifying workplace pension scheme on the required ‘staging date’.

Auto Enrolment is staged over six years depending on your business size with large businesses already having to enroll employees from October 2012.

Auto Enrolment will increase the cost of your employees and bring with it lots of administrative tasks!



All UK employers need to be compliant with the new law. However, depending on the size of your business, there are different deadlines or ‘staging dates’.


Size of business Date enrolling must begin
Large employers(250+ employees) Begin enrolling from October 2012
Medium employers  (50-249 employees) From April 2014
Small employers(49 employees or less) From June 2015


As an employer, you are faced with lots of duties in relation to planning, implementation and ongoing maintenance of your workplace pension scheme – so don’t leave it to the last minute.



Non- compliant businesses can face fines of up to £10,000 a day.



As independent financial advisers with many years of experience, we understand the challenges that businesses face on the implementation of new laws and regulations.

Tait Walker can help guide you through the auto-enrolment process and make sure your company complies with the new rules in time and in the most cost effective way for your business.

We offer expert service, support and independent advice to ensure you:

  • Have the most suitable pension scheme for your business
  • Meet all auto-enrolment responsibilities
  • Implement the compulsory changes as cost effectively as possible



We offer a free review for your business which outlines your responsibilities as an employer, what actions you need to take and when. We also review any existing workplace pension scheme you may have in place and advise on compliance.

To arrange your free review contact us on:

Tel: 0191 285 0321

Email: ian.marsh@taitwalker.co.uk

Web:  www.taitwalker.co.uk





We understand that a comprehensive package of employee benefits can really boost the morale of your workforce and help to retain key staff. From pensions to income protection, to life cover and healthcare, we can arrange the best plan for your business and your employees.

We will:

  • Perform a detailed review of your current benefits. Our specialists will ensure that you are offering your employees competitive rewards, whilst maximising your savings.
  • Discuss changes to the workplace benefits package with your employees, answering their queries and explaining the rewards.
  • Implement and monitor your plan to maintain your business strategy. We will also keep you well-informed in regards to tax and legislative changes, ensuring your package is both compliant and efficient.



Over the course of your working life you may have accrued a number of investments, protection schemes and policies and it is vital that you understand how to translate these into a reliable income in retirement. We will advise you with regards to developing a clear strategy as you withdraw from your business; to maximise your savings and protect against unforeseen liabilities.

Our dedicated team of specialists can offer a number of tax-efficient strategies for your retirement. Our innovative recommendations, combined with our strong market knowledge and experience, helps to create solid investments that reward your hard work.


Are you ready for auto enrolment? Find out the 10 key questions every business should know the answer to:




Tait Walker have demonstrated a high level of client service throughout our Automatic Enrolment process. They have been very flexible and demonstrated real value for money. We wouldn’t hesitate to recommend them to others.

Ian Marshall – Operations Director George F White


Tait Walker Wealth Management is a trading style of Tait Walker Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority.  Company Number 5674020. Incorporated in England.

Tait Walker Wealth Management guided us through our automatic enrolment duties. They took full responsibility for the planning, implementation and ongoing governance of our two schemes. They then helped us through the changes in our business structure. As a result of this they implemented two additional pension schemes to ensure that we remained compliant with the automatic enrolment legislation. Tait Walker Wealth Management are knowledgeable, efficient and only ever a phone call away if we have any queries and have consistently demonstrated that they are willing to go the extra mile.

Julie Gilpin, Stiller Warehousing & Distribution Ltd

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At TLW Solicitors, we wanted to bring forward our staging date to ensure our staff were rewarded. Tait Walker assisted us every step of the way from initial planning, scheme selection and costings through to liaison with the Pensions Regulator as well as helping with Payroll requirements. As a result we have had almost universal take up of the pension scheme by staff and a system that runs smoothly for us.

John Burn – TLW Solicitors, Partner

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Tait Walker assisted us in the setting up of our Group Death In Service scheme and also advised us on our Automatic Enrolment planning when we contacted them well in advance of our staging date, they assisted us through the planning and implementation stages and were also able to supply payroll set up and training via their Sage accredited payroll team. As part of the implementation process Tait Walker made multiple presentations to our staff to explain exactly what was happening and did so in a way that allowed us to continue with business as usual whilst the presentations were carried out. It was Tait Walker’s ability to assist us with all the areas of our employee benefits programme that initially impressed us and we have been pleased with the service to date.

Iain Richardson – Winn Solicitors, Finance Director

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Working with Tait Walker Wealth Management has been a pleasure, they are a very friendly and proactive team who helped me through every stage of the process. I would certainly recommend them to friends and family and would not hesitate to work with them again in the future.

Chris Gibbison – Helena Biosciences

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