AUTOMATIC ENROLMENT

Auto Enrolment

The law on workplace pensions has changed. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. This is called ‘automatic enrolment.’ If you employ at least one person you are an employer and you have certain legal duties.

Don't ignore the workplace pensionAs an accountant, and business adviser, employers are likely to ask you for help to choose and run a good quality pension scheme for automatic enrolment, and it’s not just about pensions – automatic enrolment will impact upon most areas of your clients' businesses.

The information provided on this page is intended as a quick reference for you, more detailed information and guidance is provided on The Pensions Regulator website.

RESOURCES

CHOOSING A PENSION SCHEME FOR AE – GUIDANCE FOR BUSINESS ADVISERS

The Pensions Regulator published additional guidance for business advisers helping their clients to select a pension scheme, as well as an ‘at a glance’ PDF guide. Links to the relevant pages are as follows:

LATEST INSIGHT FROM THE PENSIONS REGULATOR

PUBS, CLUBS AND RESTAURANTS AT HIGHER RISK OF NON-COMPLIANCE

© Monkeybusinessimages | Dreamstime.comThe Pensions Regulator recently announced that it has issued a large proportion of penalty notices to employers within the food and drink sector. This is a sector that typically employs a large number of temporary workers, and where non-standard contracts are prevalent, which in part explains the high levels of non-compliance. 

If you have clients in this sector, then make sure they are aware of how automatic enrolment applies to them, what they’ll need to do to meet their duties and by when. 

There’s plenty of information on TPR’s website on how to assess and enrol people who work varying hours, as well as translations of letter templates.

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