What are your Auto Enrolment duties?
Employers have several obligations regarding Auto Enrolment they must fulfil on behalf of their employees. From their prospective staging date, any employer employing at least one person will be legally obliged to:
•Set up and register a pension scheme suitable for auto enrolment that meets all the legal requirements.
•Assess all staff eligibility at every pay period.
•Automatically enrol and make contributions for all eligible jobholders.
•Enrol and make contributions for non-eligible jobholders who wish to join.
•Manage the auto enrolment: including the joining and opt-out process.
•Keep records on how they have fulfilled their responsibilities.
The Auto Enrolment process can be very time consuming and ensuring legal compliance is very complex. At Baileys, we take the onus off you and allow you to get on with the running of your business whilst resting assured that your pension scheme is completely compliant with new government criteria.