Get ready for the organisation's pensions auto-enrolment staging date

Key points

  • Under the Pensions Act 2008, employers are obliged to auto-enrol specified workers into a qualifying pension scheme and make employer contributions.
  • The employer should carry out an initial assessment of its workforce to ascertain how its workers will be classed for pensions auto-enrolment. This will help it to determine: what preparations it needs to make and when; the likely cost of auto-enrolment in terms of increased pension contributions and administrative expense; and which pension scheme will be most appropriate.
  • The employer should consider whether or not to use postponement to delay its auto-enrolment duties.

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