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Auto-enrolment

 

What is automatic enrolment?

The law on workplace pensions has changed. Every employer with at least one member of

staff now has new duties, including enrolling those who are eligible into a workplace pension

scheme and contributing towards it.

This is called ‘automatic enrolment’ because it is automatic for staff – they don’t have to do

anything to be enrolled into a pension scheme, but it is not automatic for employers.

Employers who do not comply will face enforcement action which can include fines and / or

prosecution.

All employers will need to work out if automatic enrolment applies to them.

If you have at least one member of staff who is paid via a PAYE scheme, automatic enrolment

duties apply.

If, like many organisations and employers, you don’t have a pensions scheme in place then you will need to find one. This obligation is regardless of employee numbers or the overall value of contributions.

Details of other providers can be obtained by contacting Ashden Accountants - please email autoenrolment@ashden.accountant or call 0800 998 9838. 

If you wish us to take a look at your payroll, Ashden Accountants offer a payroll service. For a free quotation please contact us or email payroll@ashden.accountant

As Accountant specialists, the team at Ashden Accountants are able to guide and support you through the process of establishing an Auto-enrolment scheme.

For a free quotation please email - autoenrolment@ashden.accountant or call 0800 998 9838.



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