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ENGLEMAN WILLS + POWERS OF ATTORNEY + PROBATE + EQUITY RELEASE 01268 761022 / 07901 948745

AUTO ENROLMENT PENSIONS – All you need to know

  

FOR EMPLOYERS NEW TO AUTO ENROLMENT PENSIONS

Boss office 06 March 2018 shutterstock_361892393

  

Click the 2 website links below, then go to your Duties Checklist.  

 

www.autoenrolment.co.uk/knowledge-bank/in-depth-articles/workplace-pensions-guide

www.thepensionsregulator.gov.uk/en/employers

 

EMPLOYERS' DUTIES CHECKLIST  

Nominate a contact for The Pensions Regulator as soon as possible. 

Find out when staging date/duties start date as soon as possible.          

Choose a workplace pension provider 6 months before your staging date/duties start date.   

Assess your employees    (on your staging date/duties start date). 

Enrol your employees      (on your staging date/duties start date). 

Inform your employees    (within 6 weeks of the start of your staging/duties start date)

Submit your declaration of compliance (within 5 months after your staging date/duties start date).

Remain compliant by carrying out your ongoing duties. 

For information on mandatory future workplace pension contribution increases, see contribution phasing

Use the Staging Date Look-Up Tool to find out your staging date.

For employers hiring staff for the first time on or after 1st October 2017, your duties start date is the first day your first member of staff starts work.

 

If you and / or your Pensions or Payroll staff have carefully explored the information and related web page links above, you will be acutely aware that, for any of the above statutory tasks, there is the risk of  fixed and escalating fines levied on the employing organisation for breaches in compliance and / or missed pension contributions. 

You will also be aware that fulfilling your Auto Enrolment duties will involve additional staff workload, time, logistics, administration, new deadlines and possible confusion & uncertainty for your workforce.

Thus you may wish to consider transferring away and sub-contracting the entire project to the experts  ......... Click here to view Smart Pension Ltd, a leading Auto Enrolment specialist provider that can take over the administration of this formidable Government directive.

 

FOR EMPLOYERS ALREADY OPERATING AUTO ENROLMENT PENSIONS, 

Why not consider a free review to consider the benefits of Smart Pension Ltd :- 

Free to the Employer and no additional charges for the member.

The fastest, easiest and most integrated system on the market.

A well backed, multi  award-winning pension provider, including  the Best Workplace Pension Award, partnered with and backed by Legal & General.

Fast, easy and simple transfers,  Clients are assigned a named staff member to hand-hold clients through the process.

A host of free additional services and benefits for employers and employees, including  Pension Advice Vouchers worth up to £500.

The top 5 reasons for employers transferring their workplace pension:-      

  “It saved money”

  “It saved my staff time”

  “It was a better quality scheme”

  “It was surprisingly quick, easy and simple to transfer…..and free”

  “It offered myself and my staff many additional benefits”

 

   Click here to view Smart Pension Ltd

 

  FOR EMPLOYEESEmployees 06 March 2018 shutterstock_608541785

 

Click the website links below to understand AUTO ENROLMENT PENSIONS, then talk to your Employer.   

www.autoenrolment.co.uk/employee-information

www.gov.uk/workplace-pensions/joining-a-workplace-pension

 

 

TO DISCUSS AUTO ENROLMENT PLEASE CALL MARTIN ENGLEMAN 
 
 
01268 76 10 22  

 

  Martin Engleman