What's automatic enrolment?
I’m an employer – what’s auto-enrolment about?
The government has brought some fundamental changes to workplace pensions and in 2012 introduced auto-enrolment. If you employ at least …
I’m an employer – when will auto-enrolment affect me?
Your organisation will have a ‘staging date’ – this is when you need to start meeting your auto-enrolment duties. This …
What are the basic things I need to do to comply with auto-enrolment?
The auto-enrolment obligations are set out in legislation and The Pensions Regulator is responsible for ensuring compliance with the auto-enrolment …
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 auto-enrolment. The pension scheme you do use needs to meet certain qualifying criteria, …
What’s The Pensions Regulator (TPR)?
The Pensions Regulator enforces the auto-enrolment rules – this is the UK regulator of workplace pension schemes. They give guidance …
What aren’t I allowed to do in relation to auto-enrolment?
The auto-enrolment obligations are set out in legislation and The Pensions Regulator is responsible for ensuring compliance with the rules. …
What penalties are there if I don’t comply?
The Pensions Regulator is responsible for ensuring compliance with the auto-enrolment legislation; where there’s a breach it’ll initially focus on …