Auto Enrolment

Auto Enrolment: We’re all in, are you?

Auto enrolment is here and you will have to enrol your workers in a pension scheme and both you and they will have to make contributions. The regulations are complex and the penalties for not getting it right are hefty. For example even small firms can be fined £500 per day if things go wrong.

The new workplace reforms do not apply to all employers at the same time but will be introduced gradually. CLICK HERE to view our factsheet on Auto Enrolment and in order to source your staging date please click on the following link:http://www.thepensionsregulator.gov.uk/employers/tools/staging-date.aspx

When the staging date arrives firms will have to:

  • Provide information about the pension scheme and the individual rights and obligations
  • Make arrangements to enrol eligible workers in a suitable pension scheme
  • Contribute to the pension scheme
  • Deduct the worker’s contributions from their pay and send it to the pension provider
  • If a worker opts out of the arrangement they have to refund contributions and then,
  • enrol them back into the scheme after three years
  • Enrol new workers at the correct time
  • Provide information to workers and the Pensions Regulator
  • Keep extensive records

All of this will take time to put in place. Remember there are penalties if you miss the deadline.

It’s called auto enrolment but the work is manual; we can help get your business into gear.

We will be hosting a series of FREE workshops to help you understand how the Auto Enrolment regulations will affect you. To book your place(s) please go to our website at www.burgisbullock/events and click on the relevant month.

If you have any other queries, please feel free to contact Eamonn Sullivan or Jenny Frost on 0845 177 5500.

Scroll to Top