Since 8 October 2001, the British Government has required all employers with five or more staff to provide a stakeholder pension, or equivalent pension arrangement, for their employees (risking fines of up to £50,000 by not complying). You may already have such an arrangement in place, or wish to set up a scheme. In either case you may find the following points useful:

The full basic State Pension for 2005/06 is £82.05 for a single person and £131.20 for a couple.
Men need 44 qualifying years to get a full basic State Pension and women who reach 60 before 2010 need 39 qualifying years. Source: The Pension Service.

Stakeholders were created to entice employees (amongst others) to save for retirement in light of the above statistics, and strict standards were laid down by the government to make them attractive. 

Group stakeholders are simple, flexible savings schemes arranged by the employer, who may choose to make some form of contribution but is by no means obliged to.
The aim of stakeholder is to help employees save for retirement in a tax-efficient way, providing them with an income during retirement (thus removing reliance on the state). Employees may also choose to take a proportion of the pension fund as a tax-free lump sum.
The employee and the employer can pay into the plan regularly, usually every month or year.
Employees can make one-off contributions, alter the contribution level, or stop and start regular contributions at any time.
You can transfer your stakeholder pension if you change jobs.

Group stakeholders are a attractive benefit to employees, but their are many products in the marketplace and many decisions to be made when arranging one. Corporate specialists recommended by ifasw.co.uk are vastly experienced in such matters and can assist you with the process. They will find you and your employees the best pensions deal in the marketplace because their independence does not restrict them to using the products of any single pension provider; They will look at them all. Whatever your company's circumstances, ifasw.co.uk can help - Just ask us by clicking here!