Employers

Government legislation now means that every employer with at least one member of staff will be required by law to provide a workplace pension if their employees meet the qualifying criteria.

The new law means that every employer must automatically enrol its staff into a workplace pension scheme if they:

• are aged between 22 and State Pension age
• earn more than £10,000 a year
• work in the UK

This is called ‘Automatic Enrolment’.

Step 1 - Know your Staging Date

Each employer will be given a date by which they must comply with AE rules. This is the Staging Date. To check a staging date there is only one place to go:

The above link will tell you officially when you must comply.

Step 2 - Check your Duties

If you want to check what you must do and by when complete the Duties Checker process.

Step 3 - Choose a Pension Scheme

Go to the  Workplace Pension section and Salvus Master Trust Platform section for all the information you need.

Step 4 - Work out who to put into the pension

This step is usually done via payroll software. Check that the software you used will do this. If you outsource your payroll you need to check with whoever runs you payroll

Step 5 - Write to or email your staff

All employers must send a letter or email to ALL staff to explain Auto-enrolment, how it impacts on each employee and confirm details of the pension scheme. Salvus can produce these letters or if you have email addresses for all your staff we will send them the letters required by law. 

Step 6 - Tell the Regulator you have complied

Once you have completed your scheme set up and all eligible employees have been enrolled, it is important to tell the Regulator this. You have up to 5 months from your Employer Duties Start date to do this. 

Remember, automatic enrolment is your legal duty and if you don't act you could be fined.

Automatic enrolment duties do not apply when a company or individual are not considered an employer. For example, you may no longer employ any staff, you have ceased trading, or you’re the director of a company with no other employees. To let the Regulator know about this click below.

If you need to understand the detailed rules and responsibilities a full set of guidance notes is maintained by the Regulator.

If you are now ready to sign up click here. You can, of course, ask us a question on one of our Workplace Pension webinars