The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
A stakeholder plan must be a defined contribution (money purchase) scheme. Its annual charges must not be more than 1 per cent of the value of the fund. The minimum contribution cannot be set at more than £20. The scheme must have its own trustees or stakeholder managers.
What do employers have to do?
By October 2001 employers must:
- Consult with relevant employees and designate a stakeholder scheme.
- Provide employees and organisations representing them with information about the scheme.
- Provide details of the scheme provider.
- Offer payroll deductions from an employee's earnings.
- Maintain records of these deductions and payments to the scheme.
Which employers are exempt?
You do not have to provide a stakeholder scheme if you have fewer than five employees, you already offer a compliant pension and will extend it to cover all those above the age of 18, or all your employees earn less than the national insurance low earnings limit.