Magee Gammon News Regulator issues new auto-enrolment guide

Regulator issues new auto-enrolment guide

A new step-by-step guide to help small businesses get ready for their automatic enrolment duties has been launched by the Pensions Regulator.

The online guide, written specifically for employers with between one and 50 staff, explains how to complete key tasks such as knowing when to be ready, providing a point of contact for the regulator, checking who needs to be enrolled and creating a plan of action. It also contains information tailored to the needs of employers of carers and director-only companies.

The Pensions Regulator’s executive director for automatic enrolment Charles Counsell said: “We are determined to do all we can to reach out to all small and micro businesses preparing for their automatic enrolment duties. We want to make the process as simple as possible so that employers can avoid the risk of non-compliance.

“Our new online 11-step guide is a key part of a wide package of measures we are rolling out to give more than a million employers all the information they need, written and produced in a way that makes sense to them.

“Our message to employers is ensure you know when your automatic enrolment duties begin and start planning in good time.”

Around 1.5 million small and micro businesses will also receive letters from the Pensions Regulator in the coming months as part of a UK-wide campaign to alert employers to their duties.

The regulator said that most small businesses were expected to turn to their professional advisers for help with auto-enrolment and it will also be providing additional online information for advisers.

Link: The step-by-step guide

 

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