Auto Enrolment – Are you Ready?

For our Clients and potential clients
Just a reminder that the staging date for Auto Enrolment for most Small Businesses has either passed or will happen by January 2018!
Have you had any thoughts on which scheme to go for?
 Are your staff aware that you should have a pension scheme from your staging date?
You may have staff earning £10,000 or less per year, but they have a right to join a pension scheme so they must be aware that they can make pension contributions from their salaries each pay day.
Failure to comply can lead to fines being imposed by the Pension Regulator.
The following are some of the information and helpful links provided by the Pension Regulator.
We would be please to help you. If so contact Jane Samuel at jane@helpfulbeancounter.co.uk

Automatic enrolment – get to know your duties

Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. This is called ‘automatic enrolment’. If you employ at least one person you are an employer and you have certain legal duties.

Are you currently employing staff?

If so, it’s important that you understand what to do and by when, so you can meet your automatic enrolment duties.

Use our ‘Duties Checker’ to find out your staging date and to work out what you need to do.

Check your duties

Been here before? The last time you visited you said:

Used the Duties Checker before or using a different device?on

I employ people in the home a

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Are you thinking of employing someone?

From 1 October 2017, your legal duties as an employer begin on the day your first member of staff starts work. There are certain steps that you must take. Find out about new employer duties

If you’ve employed someone since 2 April 2017 or you’re going to employ someone before 30 September 2017, find out when your duties will start.

Need to re-enrol your staff?

You have re-enrolment duties every three years, which is when you must put certain staff back into your pension scheme. Even if you have no staff to re-enrol you will need to complete a re-declaration of compliance.

Start your re-enrolment duties

Managing a scheme

It’s important for employers to understand their role in running a good quality pension scheme and there will be different duties and areas of focus depending on the type of scheme they’re involved in.

We’ve published guidance and resources to help employers understand their role across different schemes.

 

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