The employer duties around automatic
enrolment will be staged in between October 2012 and September 2016. The
largest employers will be brought in first based upon the size of their PAYE
scheme. It is possible to estimate what date the duties for an employer will
come into effect by referring to the Regulator’s Duty
The Regulator has now started to issue their
18 month ‘awareness’ letter which will inform employers of the date from which
they will have to comply with their duties around pension provision. Further
reminders will be sent out as the date approaches.
The Regulator has published detailed guidance
on the employer duties as well as:
The detailed guidance is split up into nine
sections and is primarily aimed at professional advisers, large employers with
in-house pensions professionals and those with a sound knowledge of pensions.
The guidance sets out how the new duties
should be implemented along with some illustrative examples.
A link to the various aspects of the detailed
guidance can be found below:
duties and defining the workforce
in and joining
The Regulator intends to issue further material later
in the year, including interactive tools and a trustee checklist.