| Employers are being
offered extra help to get to grips with
new responsibilities under workplace
pensions reform. As part of its work to
maximise compliance with new employer
duties to automatically enrol eligible
staff into workplace pension schemes, the
Pensions Regulator has issued a new
edition of a leaflet explaining work-based
pension schemes.
This will be followed by a set of
detailed guides aimed at audiences
including large employers in spring 2011.
Further new content will be produced in
the summer for small and micro employers,
providing easy-to-use tools covering the
key points of what employers will need to
do, when they need to do it and the
processes involved.
Later in the year the regulator will
publish details of its compliance and
enforcement strategy, setting out how it
intends to maximise compliance with the
new employer duties and the circumstances
in which it might be expected to use its
powers.
Between October 2012 and September 2016
employers will be required to
automatically enrol all their eligible
jobholders into a qualifying pension
scheme and make a minimum contribution of
a jobholder's qualifying earnings into the
scheme.
LINK:
Guidance for employers
|
