Automatic enrolment duties

Have my workplace pension duties changed due to Covid-19? The Pension Regulator (TPR) have updated their Auto Enrolment guidance in line with challenges faced by employers during the COVID-19 pandemic. They have confirmed and understand that business has changed but their automatic enrolment duties haven’t. The update confirms that they will take a proportionate and … Read more

Automatic Enrolment Obligations and Furloughing During Covid19

The Covid-19 pandemic has disrupted every facet of life in the UK. However, when it comes to workplace pensions, it has been confirmed by the Pensions Regulator, that employers should continue to enrol, re-enrol and contribute towards workers? pensions whether they are furloughed or not. This warning comes alongside the Government’s landmark Coronavirus Job Retention … Read more

Minimum contributions for workplace pension schemes in the UK will rise in 2019

The UK?s auto-enrolment workplace pension schemes reached record levels of membership in 2018, with over 73% of employees opting to join and contribute. By law, automatic enrolment schemes require that minimum contribution levels from employers and employees increase over time: the previous contribution increase was in April 2018, and another is due on 6 April … Read more

Automatic Enrolment Earnings Trigger Update

Automatic Enrolment: Proposed earnings trigger and qualifying earnings bands for 2018/19 tax year The latest change to automatic enrolment concerns the automatic enrolment earnings trigger. This is proposed to be frozen at £10,000 for 2018/19, whilst the lower and upper thresholds are to remain in alignment with National Insurance contributions, the Lower Earnings Limit and … Read more

Payroll and Auto Enrolment

Is Your Payroll Set Up for Workplace Pensions and Automatic Enrolment? If you are an SME and you are having to deal with the payroll requirements of Workplace Pensions and Automatic Enrolment, chances are you might be finding it quite time consuming if you don’t have a dedicated staff member/department to do all the work. … Read more

Automatic Enrolment and On-Going Duties

What Happens When Auto-Enrolment has Happened and the Workplace Pension has Started? So far, according to The Pensions Regulator, about 8 million people have been enrolled into a workplace pension by 600,000 companies. That’s great news for them, as they are through all the preparation, set-up, declaration of compliance and implementation. However, it doesn’t end … Read more

Declaration of Compliance and Fines

£400 Fine for Late Filing of Declaration of Compliance Forms The whole area of Workplace Pensions has caused confusion amongst companies, especially SMEs, who often do not have the staffing levels needed to be able to comfortably manage the time required to fully comply with the legislation. At least that’s the message that we are … Read more

Auto-Enrolment and the Declaration of Compliance

Between May and August 2017, over 100,000 small employers and their business advisers must complete and submit a Declaration of Compliance to The Pensions Regulator regarding Work Place pensions and Auto-Enrolment. This article looks at what you need to know about completing a declaration of compliance form. Employers’s Workplace Pensions Duties All employers have workplace … Read more