Pensions Auto Enrolment

Pensions Auto Enrolment

Auto enrolment, or the ‘workplace pensions’, is one of the biggest changes in pension provisions for generations. Auto enrolment means that anyone who employs people will have new responsibilities to help those individuals save for their retirement.

As an employer, auto-enrolment means that you will need to enrol workers who are:

  • Not already in a suitable workplace pension scheme
  • Working with qualifying earnings who wish to join the scheme
  • Aged between 22 and state pension age
  • Who work in the UK
  • For whom they deduct income tax and national insurance from wages
  • Who earn more than £10,000 gross (in the 2016-17 tax year – the figure will be reviewed annually)

The best way to get auto-enrolment right is to start planning early and by taking expert advice. We can assist you with a cost effective and compliant auto enrolment solution for your business.

For more information on pensions auto-enrolment services, please contact us for details of our financial services partners who will be able to assist.