Your online step-by-step guide to pension auto-enrolment
Posted on in Business News
New research published this month by The Pensions Regulator shows that while levels of awareness of automatic enrolment remain high among all employers, more than 20% of those due to stage between June and November this year had not yet drawn up plans to meet their duties.
To support small and micro employers to meet their duties, The Pensions Regulator has recently updated their website specifically for small and micro employers so that it is easy to follow, making the process as smooth as possible. It now concentrates on the needs of those who don't have the same time or resources as larger organisations, and are likely to need help with different parts of the automatic enrolment process - such as setting up payroll software and choosing a pension scheme.
The new step-by-step online guide to automatic enrolment divided into 11 steps, enabling employers to work through one task at a time.
Each step in the new guide tells employers when they should complete the task and how long they should expect it to take, as well as letting them know what's next.
The guide also includes several tools and additional resources that will ultimately help small and micro employers put their staff into workplace pensions. The tools include an interactive planner and a pension contribution calculator, while among the resources are a video demonstration and brand new checklist to help employers keep track of their progress.
Click here to access the step-by-step guide
How can ActSmart help?
Once you have taken a look at thr step-by-step guide, you will need to get a pension provider in place. ActSmart have created a service to help businesses with this step.
Whether your deadline is as soon as March 2015 or as late as 2016 - it's never too early to start planning and ActSmart can help.
ActSmart have made arrangements to introduce you to Elliott Sanders of Copthorne Hundred Wealth Management, a Partner Practice of St. James's Place Wealth Management.
St. James's Place Wealth Management are one of the leading wealth management organisations in the UK with a national network of advisers. Using their experience, they offer businesses and individuals a wealth management service, incorporating pension advice. The advice is face-to-face and tailored to your business or personal objectives.
- Complimentary initial consultation
- Face-to-face advice
- Impartial advice
- Advice is guaranteed by St. James's Place when recommending any products or services provided by the St. James's Place Group
Phone Elliot Sanders's team on 01372 721616, or fill out the enquiry form on this page to find out more.
