Concern over auto-enrolment awareness as staging dates loom
The Pensions Regulator (TPR) has published research indicating that awareness of auto-enrolment among small and micro-employers is not sufficiently high, which could mean that many will struggle to meet their staging dates.
TPR is asking CAs to ensure their clients are aware of auto-enrolment and the resources available to assist in the process.
Companies with no staff – what action to take?
Companies with no staff other than directors may not have any automatic enrolment duties.
If you have clients who do not have staff and who receive a letter from The Pensions Regulator, you can advise them to get in touch with the regulator in writing to explain their particular circumstances.
There is information on the regulator's website on what sole directors can do if they believe automatic enrolment duties do not apply to them, as well as further information to help husband and wife companies and family businesses understand how automatic enrolment duties apply to them.
Step-by-step guide to auto-enrolment launched
The new step-by-step guide for small and micro employers explains simply and clearly the steps your clients will need to take to comply.
Ideally, your clients should allow up to 12 months to prepare. Visit the step-by-step guide regularly to make sure your clients are fully prepared to meet their automatic enrolment duties.
Do you know what you need to know about payroll?
Research by The Pensions Regulator indicates that business advisers may not be aware of the impact that automatic enrolment has on payroll, particularly in relation to data/software compatibility.
If the payroll systems that your clients use are ready for automatic enrolment are compatible with other systems, they'll find the process much easier to implement and run on an ongoing basis.
The Pensions Regulator has produced 'A quick guide to setting up payroll: Making automatic enrolment easier' which is aimed at business advisers and payroll professionals and which will help you understand the steps required to ensure your clients payroll systems are ready.
Do your clients employ a carer or personal assistant?
All employers are legally required to automatically enrol certain staff into a pension scheme and make contributions.
This includes those who directly employ one or more people to provide care or personal assistance.The Pensions Regulator has specific information and guidance for those that employ personal assistants and carers.
View some frequently asked questions for those who employ a care assistant.