Automatic enrolment is a system that’s great news for employees, but perhaps not such great news for employers. Working out how you’re going to deal with every single one of your auto enrolment responsibilities may seem like a huge burden right now, but with the right mindset and the right approach, it won’t be the […]
What are your pension scheme options?
Although you have a reasonable amount of freedom when you choose your pension scheme for automatic enrolment, it’s important to be aware of the fact that there are a number of legal obligations that you’re required to fulfill. Although there are plenty of people around to help you in your decision-making process, from The Pensions […]
What you must tell your staff about automatic enrolment
…and what NOT to tell them! Effective communication is key to most elements of business success and when it comes to Pensions Auto Enrolment, getting your employee communication right is paramount. Because it is new, there is an important communication process to be carried out, both at a national, informational level and at a local, […]
The likely cost of auto enrolment to your business
If it hasn’t already done so, Auto Enrolment is almost certainly going to impact on your business or organisation at some point, sooner rather than later. And while there may have been a period where you could get away with burying your head in the sand about it, those days are swiftly running out. Businesses […]
Making it easier for micro-employers to enrol – or not!
A micro-business is typically one with 5 or fewer employees. Even more typically many are going to have the situation that the only employees are also Directors of the business. Given the small scale of these enterprises it is no surprise that it is at this end of things that employers are likely to struggle […]
Self employed workers and auto enrolment
Auto enrolment requires employers, once they are in the scheme, to automatically enroll workers into a qualifying pension scheme and make contributions to that scheme for those workers. The workers affected are people aged between 17 and 74 who earned at least £5,824 in the year 2015-2016. There is a whole array of legislation that […]
Opt out process update
Opting out is when a worker decides not to remain part of a workplace pension and asks to leave. Staff who have been automatically enrolled have the right to choose to opt out within a month of being enrolled. As an employer, you have no right to encourage staff to opt out and any decision […]
