Auto Enrolment

Auto Enrolment

Auto Enrolment has been introduced by the government to enable employees to start saving for their retirement. It is now compulsory for all employers to enrol eligible workers into a qualifying workplace pension scheme and make contributions.

Staging Dates

Auto Enrolment is being introduced in STAGES and every employer will be notified by the Pensions Regulator of their Staging Date. (i.e. the date they must start the scheme)

Key Steps

  • Review existing pension arrangements
  • Choose a pension scheme
  • Assess the workforce
  • Communicate with the workers
  • Enrol the staff and make contributions
  • Complete a Declaration of Compliance with the Pensions Regulator
  • Manage ongoing auto-enrolment responsibilities

Action Required Now!

Check your Staging date. You can log on to the Pensions Regulator website and find this at

http://www.thepensionsregulator.gov.uk/employers/staging-date.aspx

There are penalties for non compliance with this legislation

Contact John Farry & Co

As this is going to be a very significant change in the operation of your payroll, please feel free to contact us at any time if you require any assistance or further information to facilitate the smooth transition of your current payroll procedure to incorporate Auto Enrolment