Auto Enrolment
Under the Pensions Act 2008 all employers with at least one employee are legally obliged to enrol their staff into a pension scheme and contribute towards it.
Who's eligible for a workplace pension?
- Employees who are not already enrolled into a workplace pension
- Any employee aged between 22 and State pension age
- Employees earning over £10,000 a year
- Employees working in the UK
Your duties as an employer:
- Check your staging date
- Understand how your workforce is categorised under the current legislation
- Inform your workforce >span class="NormalTextRun SCXW112706234 BCX9">ey have been or will be automatically enrolled, what it means, and highlight their right to opt out and opt back in
- Provide the scheme with details of the job holders
We can help you at every step with services including:
- Advice on tax implications
- Advising on the impact of auto enrolment on your business
- Ensuring you fulfil your legal obligations
- Preparing letters to staff and completing the declaration
- Providing the ongoing assessments and reporting requirements of auto enrolment, as well as providing our standard payroll services where necessary
What you need to know as an employee:
You have a range of pension options, but a workplace pension is an automatic process:
- Your employer will automatically enrol you
- You have the option to opt-out of the scheme
- It's never too late to make contributions
- You and your employer will make contributions