The law on workplace pensions has changed. All employers are legally required to automatically enrol staff into a pension scheme and make contributions if they are; aged between 22 and the State Pension age, earn more than £10,000 a year and work in the UK.
Staging dates for companies with 1-2999 employees are detailed below:
PSC has developed a variety of solutions to offer to clients. These include providing reports to assist with auto-enrolment obligations or actually enrolling employees into a qualifying pension scheme. Our payrollers are well versed in the payroll aspects of AE, so clients can discuss their responsibilities along side their pension supplier, financial advisor and/ or the Pensions Regulator to ensure that their plans meet their organisation's legal requirements.