Can anyone suggest ideas on how I should cover this requirement when it comes in, in April (think that's the deadline for 1-2 man band Ltds?
I always regard pensions as a con where the money donated is mostly lost money, paid into financial advisers so that they can live happily in the present and when they retire. Not really a good solution for the payee. (Not a good attitude, is it?)
So, what should I be doing now as regards preparing for this latest pressure from our masters in government?
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Check your Staging Date
The first thing you need to do is go to the Pensions Regulator website and check your Staging Date. It is different for every company and you may find that you do not have to do anything for another year. Some of my client have Staging Dates in 2017.
You then need to have a Pension Scheme in place by your Staging Date. There are many providers out there including Nest, Now Pensions, Peoples Pension and the FSB pension.
Once you have chosen your Pension provider they will advise you on how to run the scheme.
Good Luck.