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<blockquote data-quote="How much" data-source="post: 3294154" data-attributes="member: 7392"><p>Directors of a business can opt out of it apparently .</p><p></p><p>The nest scheme should have the lowest management fees , you would assume ? </p><p></p><p>My experience of it was simple enough other than trying work out which of the letters to send to the employees but that was simpler than it first looked once you got your head around it .</p><p></p><p>How simple its going to be to make the payment i dont know till it kicks off.</p><p></p><p>Worst thing about it is its another cost burden the goverment is passsing over to business , and the % employers have to pay in its sheduled already for 3% by 2019 then no doubt the goverment will ratchet if up further , in addition an employees share of the cost is 4% by 2019 and this will all put additional pressure on wages to increase further and you assume the minimum and living wages will rise accordingly to take the lower take home pay of empoyees in to account.</p></blockquote><p></p>
[QUOTE="How much, post: 3294154, member: 7392"] Directors of a business can opt out of it apparently . The nest scheme should have the lowest management fees , you would assume ? My experience of it was simple enough other than trying work out which of the letters to send to the employees but that was simpler than it first looked once you got your head around it . How simple its going to be to make the payment i dont know till it kicks off. Worst thing about it is its another cost burden the goverment is passsing over to business , and the % employers have to pay in its sheduled already for 3% by 2019 then no doubt the goverment will ratchet if up further , in addition an employees share of the cost is 4% by 2019 and this will all put additional pressure on wages to increase further and you assume the minimum and living wages will rise accordingly to take the lower take home pay of empoyees in to account. [/QUOTE]
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