Auto-Enrolment

Don’t get caught out by the new auto-enrolment law

Under the Pensions Act 2008, every employer is now required to automatically enrol all eligible staff in a pension scheme. By 2018 every business will have to have auto-enrolment in place, irrespective of how few people it employs.

Auto-enrolment checklist

Have you:

…analysed whether the new regulations will mean an increase to your staff costs?
…budgeted for these cost increases?
…assessed your workforce to determine which employees will need to be auto-enrolled?
…reviewed any existing arrangements and determined whether they’re in line with auto-enrolment legislation?
…assessed alternative options, so that you can be confident you have the right qualifying workplace pension scheme?
…planned and allocated sufficient resources, not only to set up a qualifying workplace pension scheme but to administer it too?

If the answer to any of these questions is yes you may face heavy penalties for non-compliance.

We’re here to help. Following an initial fact-finding exercise we will put you in touch with our partners who will guide your business through the process.

 

Contact us for more information about Auto-Enrolment