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PARTNERS


British American Business Council 75 Harborne Road, Edgbaston, Birmingham B15 3DH T: 0121 450 4217


E: babc@babcmidlands.org.uk W: babcmidlands.org.uk


BABC PATRONS


UK pension events go Stateside A


Birmingham-based international employee benefits specialist is planning a UK pension reform event in Washington DC this year, following the success of a


similar event in Boston Massachusetts in 2011. Mackenzie Taylor Benefits Consultants (MTBC) hosted its first in a series of seminars, discussing the impact of the impending UK pension reform. MTBC also engaged Kevin McCarthy of the UKTI (Boston) as guest speaker to ensure that all delegates were aware of the UKTI and how they can be of assistance to US headquartered businesses. A number of large multinational household brands were present at the seminar, which was entitled ‘NEST & Auto - Enrolment: UK Pension


reform’. Delegates heard from directors Matt Pawley and Kishan Herriotts who delivered the current analysis of Auto-Enrolment plans and the impact it will have on employers at various stages. Employers have many new responsibilities to fulfil their legal


requirement to auto-enrol eligible staff into a workplace pension plan. These changes inevitably have cost implications. Matt Pawley of Mackenzie Taylor said: “UK HR has still not grasped the


compliance and administrative strain that Auto-enrolment and NEST will place on their business, we are ensuring that US decision makers are knowledgeable ahead of these changes so that they can plan appropriately for the future.”


FEBRUARY 2012 CHAMBERLINK 21


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