Portia 300dpi

This is the first blog in our series to take you step-by-step through the Auto Enrolment process. We’ll be looking at each step in more detail over the next few weeks, so that you know exactly what to do and how to do it. Keep an eye out for our little pink pig, Portia, who will appear on all of our Auto Enrolment posts.

Every employer now has new responsibilities, including enrolling those who meet certain criteria into a workplace pension scheme and contributing towards it. This is called Automatic Enrolment.

Whether you have an existing pension scheme or not, you must comply with the government’s pension reform regulations. The Pensions Regulator has the power to inspect your records, interview your employees and issue statutory notices requiring you as an employer to fulfil certain duties, with large fines for non-compliance.

We can keep the process fairly straightforward and manageable by breaking it down:

1. Know your staging date.

2. Provide a point of contact.

3. Assess your workforce.

4. Review your pension arrangements.

5. Postponement.

6. Inform your employees.

7. Know your costs.

8. Your ongoing automatic enrolment duties.

9. Complete your declaration.

Remember, keep an eye out for Portia in the next few days, for the first step of the Auto Enrolment process.

If you need any help with Auto Enrolment right now, email us at info@danielsaccountancy.com or call us on 020 3178 8394. We will be delighted to help.

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