Here is a simple breakdown on what is required from you and when:
WHEN : Depending on the size of your business Auto Enrolment comes into effect from 1st October, see staging dates here.
WHO: Check your employee’s eligibility for auto enrolment:
are not already in a pension at work
are aged 22 or over
are under State Pension age
earn more than £8,105.00 a year
work in the UK
WHAT: Make sure you have a Pension Scheme that meets the qualifying criteria
Then you must communicate clearly to all your employees, effective communication is key in all aspects of business.
Don’t bury your head in the sand, if you are still confused why not give us a call and we can help give you peace of mind.