Pension Auto Enrolment

It is more than 3 years ago that small businesses began to have an obligation to set up an auto enrolment pension scheme for their employees.  There was a lot of information available to employers at the time through the media as well as by post so there couldn't have been anyone who wasn't aware that they had a legal duty to set up a pension scheme for their employees who were eligible to join a scheme. In February 2016 I was invited to give evidence to…

Small employers will soon be receiving, if they haven't already, notification from The Pension Regulator that they need to carry out re-enrolment. Auto-enrolment into a pension scheme began for many smaller employers within the last 3 years.  Re-enrolment requires employers…

It doesn't seem that long ago that we were talking to employers about setting up an auto enrolment pension scheme and the eligibility of their staff to join the scheme.  We held a seminar for our payroll clients to talk them through what was involved in setting up and managing the scheme and to let them know how we could help them.…

With pension contributions rising from 6th April 2018 it seems like a good time to remind employers of the key points about auto enrolment.…

February 2018 sees the last group of employers reaching their Staging Date and auto enrolling eligible employees into a Pension Scheme. But what happens to those employers who haven't put a pension scheme in place by their Staging Date?  …

The Pension Regulator has increased its activity significantly in the last quarter to enforce Automatic Enrolment and is using pension providers to help them identify non-compliance.  Pension providers will advise The Pension Regulator of schemes which have been set up which have no employees enrolled and …

A recent article in the Telegraph indicated that the Government is considering reducing the age for auto-enrolling employees into their pension scheme to 16 from the current age 22.  The DWP are currently reviewing this and will release the details towards the end of this year. Do you think it is a good thing?…

You may think that you have done all your need to once you have reached your Staging Date for Auto Enrolment. You have set up your pension scheme and sent out communications to your employees.  You have auto enrolled your workers and deducted contributions from their pay.  You have even remembered to do your Declaration of Compliance.  So what else is there to do?…

Pension auto enrolment is in place for a good proportion of employers now but if you have only just or not yet reached your Staging Date here are four common errors to be aware of.…

Until now employers have had advance warning of when they will have to set up a pension scheme but from October 2017 new employers will not.  …