How much do you know about auto enrolment pensions?
We can help you work out whether your company needs to enrol your employees for pensions and what date you need to do it by!
These are the key points of ‘Automatic enrolment’:
A new law means that every employer must automatically enrol workers into a workplace pension scheme if they:
- are aged between 22 and State Pension age
- earn more than £10,000 a year
- work in the UK
This is called ‘automatic enrolment’.
Use the Pensions Regulator staging date calculator to check if the new law applies to you and when you’ll be enrolled. The calculator is for employers but also works for employees.
You may not see any changes if you’re already in a workplace pension scheme.
But if you don't already contribute to a pension for your employees, then you will have to start when every worker is ‘automatically enrolled’.
Get in touch with me if you have any questions or need help setting up pensions for your workforce.