What is auto-enrolment?
Starting from 2012, it will be a legal requirement for UK employers to automatically enrol certain workers into a qualifying pension scheme and pay contributions on their behalf.
Starting from 2012, it will be a legal requirement for UK employers to automatically enrol certain workers into a qualifying pension scheme and pay contributions on their behalf.
Auto-enrolment will impact your business in a number of ways and all relevant areas of your business should be involved e.g. Finance, IT, HR. It will affect systems, processes, procedures and communications.
One of the first things you should establish is your Staging Date: the date you will be required to enrol some or all of your workers into a qualifying pension scheme. Then you need to have a plan of action.
The People's Pension is a hassle-free, flexible and portable workplace pension designed for people, not profit. It's also been built for employers to take the stress out of setting up and administering auto-enrolment.
B&CE is an established provider of services to low-to-moderate earners. With assets of ~£1.8bn under management, we deliver employee benefits to over 6,000 corporate accounts, processing 16m transactions annually.
We've created an online tool to make introducing the pension changes as hassle-free as can be to ease your admin burden.
Lots of common questions and answers on pension reforms, plus a variety of useful tools.