Will your business be ready?


What do the changes mean?

They mean that employers now need to automatically enrol ‘eligible jobholders’ into a ‘qualifying pension scheme’. Eligible jobholders will only need to be automatically enrolled once they have completed up to three months’ employment, although employers could opt to enrol them before then. An eligible jobholder who wishes to opt in during the waiting period will have the right to do so and benefit from an employer contribution.

Once automatically enrolled, eligible jobholders will be able to opt out within a month, in which case they will be due a refund of any contributions taken.
Thereafter, employers must re-enrol them every three years, again with the opt-out provision.

We provide advice and assistance to employers to help them prepare for the upcoming changes.


 Insights and views

    Countdown to Flexiday Briefing Note Issue 6: Further details of changes to the taxation of death benefits
    24 October 2014
    In this note, the sixth in our ‘Countdown to Flexiday’ series, we look in more detail at proposed changes to the taxation of death benefits from April 2015 announced by the Chancellor of the Exchequer at the Conservative Party Conference.
    Read more
    Life after Auto-enrolment - the Regulator's latest analysis
    4 September 2014
    The Pension Regulator (the regulator) publishes regular reports on the progress of automatic enrolment. The latest Declaration of Compliance report on automatic enrolment covers the period from 1 July 2012 to 31 July 2014. Read more about the key findings below.

    Read more
    Pensions Bulletin September 2014
    4 September 2014
    69 AD is known to ancient historians as ‘The Year of Four Emperors’. It was a year in which four men in turn (Galba, Otho, Vitellius and Vespasian) tried their luck at the imperial throne following the death of Nero. For pensions professionals, 2014 will be remembered as the ‘Year of Four Bills’.

    Read more
    Countdown to Flexiday Issue 5: Member communications in a post-Budget world
    26 August 2014
    In this note, the fifth in our ‘Countdown to Flexiday’ series, we look at the Government’s guidance guarantee and how the Budget changes will affect communications delivered to members regarding their retirement planning.

    Read more
    Countdown to Flexiday: Government responds to Flexiday consultation
    31 July 2014
    In this note, the fourth in our ‘Countdown to Flexiday’ series, we look at the Government’s response to its consultation on the radical changes to the tax rules governing pensions announced in the Budget in March.

    Read more
    Countdown to Flexiday: Increased opportunities to take small benefits as cash
    27 June 2014
    In this note, the third in our ‘Countdown to Flexiday’ series, we look at the changes to the rules for trivial commutation made in this year’s Budget, in particular whether bulk trivial commutation exercises are now likely to be more attractive.

    Read more
    Pensions Bulletin June 2014
    3 June 2014

    In the latest issue of our Pensions Bulletin, we look at the changing pensions environment, focusing on transitional regulations on the definition of money purchase, the arrival of the Pensions Act 2014 onto the statute books and a consultation on regulations relating to the abolition of defined benefit contracting out.

    The Bulletin also looks at some other recent developments, including the first enforcement report for non-compliance with the employer duties legislation, the IBM case and a draft Statement of Recommended Practice on company accounts.


    Read more
    Visit the Industry Insights page for news and views on the latest industry developments

 Online services

    PS Planner
    An interactive web-based retirement planning assistant for members of defined contribution pension schemes.
    Read more
    PS Prepare – an interactive auto-enrolment tool
    Our employer duties cost calculator which will help you quantify the true cost of your company’s auto-enrolment obligations from contributions through administration to reporting and compliance.
    Read more
    Visit the Online services area to access our full range of online modelling tools and facilities


    Member Communications: How to explain the pension changes?
    24 June 2015
    Read more
    Member Communications: how to explain the pension changes?
    25 June 2015
    Read more
    PS Annual Pensions Conference 2015
    1 October 2015
    Read more
    Getting Ready for Your Next Pension Scheme Valuation
    26 November 2015
    Read more
    Visit the Events area for all forthcoming Punter Southall seminars, conferences and events
    Speak to us

    Speak direct to our specialists in this area
    Alan Morahan
    Or call us on
    020 3327 5000

 Auto Enrolment toolkit

Now available! For more information and to request a copy:
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