Auto Enrolment Fines rise Auto Enrolment Fines have risen in the last 3 months. Employers have been warned by The Pensions Regulator (TPR) that if they ignore their auto-enrolment duties they could find themselves with a large fine and county court judgment (CCJ). Data from TPR shows the number of fines associated with implementing workplace pensions has…
Auto Enrolment Presentation Carl Wright is making a an auto enrolment presentation For FSB members and guests In Elgin Every employer – even if they only employ one person – must automatically enrol workers onto a workplace pension scheme if that worker is aged between 22 and the state pension age and earn more than £10,000 per…
Auto Enrolment Confusion There is much auto enrolment confusion with nearly half of employers staging for auto enrolment in the next two years being confused about their responsibilities, according to research. The survey by the Federation of Small Businesses (FSB) found that 45% of those asked were unclear on the rules, while 25% feared their business…
Auto Enrolment Threshold 2016 / 2017 Unchanged The Auto Enrolment threshold for 2016 / 2017 will remain unchanged. This follows a recent Department for Work and Pensions (DWP) report recommending they remain unchanged. It provides supporting analysis as part of the annual review of auto-enrolment thresholds for 2016 / 2017. The DWP Review of the earnings trigger…
Autumn Statement Review 2015 Autumn Statement Review 2015 and How It Affects Employers The Chancellor George Osborne has delivered his Autumn Statement and Spending Review. This sets out the Government’s plans for the nation’s finances. Here are some of the key points that will affect employers:- The apprenticeship levy will be introduced in April 2017. It will…
AUTO ENROLMENT EMPLOYER DUTIES – WORKPLACE PENSIONS WHY? The Government have introduced a new pension law to get more people saving for their future. The auto enrolment employer duties are being introduced over 6 years, starting with the UK’s largest companies from October 2012. As an employer, you will have new duties in relation to everyone…
Auto Enrolment Compliance Notices Rise Figures from The Pensions Regulator (TPR) show a rise to 469 auto enrolment compliance notices were issued to employers between July and September 2015. A compliance notice is issued under section 35 of the Pensions Act 2008 to remedy a contravention of one or more auto-enrolment employer duty provision. The…
Auto Enrolment News By April 2017 all employers must automatically enrol employees into a qualifying pension scheme and make contributions on their behalf to that scheme. The minimum non-contributory employer rate starts at 2% but will rise to 8% over the next three years. The scheme affects any employee who is not already in a…
