Auto Enrolment

From October 2012, all employers have had to comply with legislation contained within the Pensions Act 2008. Many have now done so and “staged”, but as a reminder, it is important to keep these arrangements under review and understand your duties.

As an employer you must:

• Provide the required information on the pension scheme to employees.
• Automatically enrol eligible employees in a qualifying pension scheme.
• Deduct any jobholder contributions from their salary and pay a contribution on behalf of an eligible member.
• Process any opt outs and refunds.
• Review any existing schemes, to satisfy the definition of a qualifying scheme.

At Beckford James we can help you assess your options, review your workforce/pension costs, review your existing scheme or implement any recommendations. If you would like further information or a copy of our free guide to employer duties, please contact us at AE@beckfordjames.com