Getting ready for pensions reform
From October 2012, every employer with at least one worker will be affected by changes to pension legislation.
It's the biggest shake-up of workplace pensions for years. You need to act now to make sure your company is ready to comply.
Pension changes - a quick summary
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Automatic enrolment |
All eligible jobholders will need to be automatically enrolled into your workplace pension.
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Contributions |
Employers need to make contributions to the employee's pension.
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Registration |
The company pension scheme must meet certain criteria and employers must register their scheme with The Pensions Regulator.
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Information |
Employers must provide their employees with information about the pension scheme and what they can expect when it's introduced. |
Next steps
There's a lot to think about, but we're here to help you get ready for the changes. Here we answer the important questions you need to ask before you introduce automatic enrolment.
- When will the changes affect my company?
- Who should be enrolled?
- Will I need to review my pension arrangements?
- How do I register the pension scheme?
- What information do I need to give my employees?
- How should employees be automatically enrolled?
- How much do I need to contribute?
- What records do I need to keep?
Take the hassle out of pension reform with B&CE and The People's Pension.
