What's automatic enrolment?
I’m an employer – what’s automatic enrolment about?
The Government has brought some fundamental changes to workplace pensions and in 2012 introduced automatic enrolment. If you employ at …
I’m an employer – when will automatic enrolment affect me?
Your organisation will have a ‘staging date’ – this is when you need to start meeting your automatic enrolment duties. …
What are the basic things I need to do to comply with automatic enrolment?
The automatic enrolment obligations are set out in legislation and The Pensions Regulator is responsible for ensuring compliance with the …
How much do I need to pay into my employees’ pension pots?
If the qualifying earnings basis is being used, the minimum contribution after 5 April 2018 is 5% with at least …
What are qualifying earnings?
Qualifying earnings are measured on a band of earnings between the lower earnings limit and the upper earnings limit (between …
What are the upper/lower earnings limits?
Based on the current tax year 2018/19, the lower earnings threshold is £6,032.00. The upper earnings threshold is £46,350.
What are qualifying schemes?
Not all pension schemes are suitable for automatic enrolment. The pension scheme you do use needs to meet certain qualifying …
What’s a non AE scheme?
A non AE scheme is where an employer operates a pension scheme to which the automatic enrolment rules don’t apply. This …
What’s The Pensions Regulator (TPR)?
The Pensions Regulator enforces the automatic enrolment rules – this is the UK regulator of workplace pension schemes. They give …
What aren’t I allowed to do in relation to automatic enrolment?
The automatic enrolment obligations are set out in legislation and The Pensions Regulator is responsible for ensuring compliance with the …