Auto-enrolment
From October 2012 to 2017, depending on the size of business, all UK employers will have new responsibilities to make pension contributions on behalf of their workforce.
Will your business be ready?

For many, this will have a big impact on their business. All employers, large and small, will need to take action ahead of this to comply with the new 'employer duties'.
 

 Overview

 
What do the changes mean?

The principal change is that employers will have to automatically enrol ‘eligible workers’ into a ‘qualifying pension scheme’, with a statutory minimum level of contribution. Eligible employees will only need to be auto-enrolled once they have completed three months’ employment, although employers could opt to enrol them earlier.

Once auto-enrolled, workers will be able to ‘opt out’ within 30 days, in which case they will be due a refund of any contributions taken. Employers must re-enrol them every three years, again with an opt-out provision.

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

 Insights and views

 
 

 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
 

 Events

 
    Speak to us
    Speak direct to our specialists in this area
    Alan Morahan
    Principal, London
    Email Alan
    Or call us on
    020 7839 8600
 

 DC Survey 2012

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