Blackpool confectionery maker Tangerine has teamed up with financial advisory group Taylor Patterson to meet new pension law.
Having made a number of strategic acquisitions in recent years, Tangerine Confectionery needed to find a pension provider that could accommodate its ambitious growth plans.
With facilities in Blackpool, Liverpool, York, Cleckheaton and Pontefract, Tangerine has grown to become one of Europe’s largest confectionery businesses.
Financial controller Clive Burnett said: “As a large company, we were very much aware of the Government’s auto enrolment requirements introduced last year. The rate at which the company was expanding and the number of potential new members under auto enrolment meant it was essential to have confidence in the pension scheme provider’s service levels and administration for automatic enrolment.”
Clive turned to Taylor Patterson, who invited various pension providers to tender for the scheme and facilitated the entire process from start to finish.
After choosing a provider, Taylor Patterson also assisted Tangerine with organising workshops to introduce the new scheme to employees.
Clive added: “Auto enrolment could become an unnecessary expense if not planned properly – by preparing now, it will make implementing the scheme a lot easier when the deadline comes around.”