Welcome to Pensions @ work
Auto enrolment
We're in, with our help, you can be too
The Government has introduced auto enrolment to help more people save for their future. This means that all employers are legally required to automatically enrol some workers into a workplace pension plan and make contributions. Employers must also tell staff about the scheme and allow other workers the option to join if they request to do so.
This is not something your Accountant should deal with; it is an employer's responsibility. We are aware that this could be a big challenge for some employers and we have the team, the knowledge and systems in place to help.
Some employers have found they need up to one year to ensure they have everything in place. So please don't leave it until the last minute.
From October 2012, auto enrolment started to be introduced. Every UK employer must:
- Identify their starting date
- Register with The Pensions Regulator & provide details of workforce and pension scheme
- Automatically enrol certain workers
- Arrange membership of a pensions scheme for other workers
Employer duties are not optional; The Pensions Regulator will ensure that employers comply with their duties. Those that don't will face substantial fines or even imprisonment if they don't comply.