What do I need to Know?...

The Workplace Pensions Reform introduces new duties and safeguards that employers must adhere to. Employers are required by law to automatically enrol all eligible workers into a workplace pension and make a contribution to it.

This process is already underway for organisations that employ a large number of people and the next phase of this process is now impacting smaller businesses.

We strongly believe that employers need to give serious consideration to the implementation of a workplace pension in order to be compliant with the Auto Enrolment timetable. This will involve substantial consideration and effort, will not be short and must begin early if you are to have a realistic prospect of achieving implementation in time for your 'Staging Date'.

It is only when you begin to research the process that an understanding of the timeframe involved is gained.

So how can MLi Advice help me?...

The Workplace Pensions Reform introduces new duties and safeguards that employers must adhere to. Employers are required by law to automatically enrol all eligible workers into a workplace pension and make a contribution to it.

1. Establishment of Staging Date & Assess Existing Scheme

2. Assessing Workforce and Contribution Options & Postponement

3. Payroll Provider

4. Scheme Solution

5. Statutory Requirements

6. Employee Communications

7. Training

8. Implementation

9. Meeting your Continued Responsibilities

When do you have to start enrolling your workers?...

The date workers are enrolled depends on the number of employees at your business as of 1st April 2012 and will be complete for all employers employing 2 or more by October 2018.

Leading industry experts suggest you start preparing for Auto Enrolment 12-18 months before your staging date. We offer employers the opportunity to select from a focused or simplified solution dependent upon their needs.