Are you ready for Automatic Enrolment?
In 2012 the law was changed to oblige all employers to offer a workplace pension scheme to their “qualifying” employees, onto which they would be automatically enrolled.
Businesses with 30 or more employees have now signed up to workplace pensions. The next stage is for businesses with fewer than 30 employees – these firms have an automatic enrolment date from 1 January 2016 to 1 April 2017. The staging date (being the date an employer must begin automatic enrolment) is based on the number of people employed by way of PAYE.
Do you know what you need to know?
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