The Play Providers Association
28 October 2013

Auto-Enrolment Pensions

Auto-Enrolment Pensions

Workplace Pensions law is changing and every employer in the UK will have to act to avoid serious penalties.  Around 38,000 medium sized employers will reach their auto-enrolment staging dates next year and experience so far demonstrates that planning well in advance is crucial.

The Government estimates that around 7 million people in the UK are not saving enough for their retirement so in October 2012 it introduced auto-enrolment.  Starting with larger companies first, this is a requirement for employers to enrol certain employees into a pension scheme and make contributions on their behalf.  However, there are various stages that must be dealt with first, which is why planning ahead is so valuable. 

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