December pensions auto-enrolment update
Christine Scott provides a summary of the latest auto-enrolment updates from The Pensions Regulator, to assist members in practice.
Do you know where to go for information and tools to help your clients?
The business adviser section on The Pensions Regulator’s website is packed with information and tools to assist you in helping your clients meet their legal duties.
Since launching the new simplified step-by-step guide for employers, all of the more technical content is now housed in the business adviser area, so all tools and information can now be accessed in one place.
Find out more about the new guide and what you need to do.... and by when.
Do you know what employers need to tell their staff?
Employers need to write to their staff whether or not they meet the criteria for being entered into a pension scheme and The Pensions Regulator has template letters available on its website to help.
There is a template for those who are being automatically enrolled, one for those who are not, and one to use if postponement is being applied to some or all staff.
Your clients’ pension provider may offer to write to staff as part of their service, but if they don’t, and you are helping your clients with this task, you can download the templates.
Are any of your clients staging in January?
The roll-out of automatic enrolment continues, with the first large wave of small employers reaching their staging date in the New Year.
If you have any clients whose staging date is in January, it makes sense to finish preparations before the Christmas break.
Don’t let them stick their head in the sand if you think they have gone wrong or they have not started yet. The Pensions Regulator has a step by step guide for employers to help them get on track.
Top three automatic enrolment questions from employers
The Pensions Regulator has a ‘frequently asked questions’ webpage. In November, the top subjects the regulator was asked about were:
- What are my automatic enrolment duties?
- I’m not an employer, what should I do?
- How do I fill in my declaration of compliance?
Go to the FAQ page on The Pensions Regulator’s website for answers to these and other commonly asked questions.