Automatic Enrolment Hits Four Million Landmark

18th August 2014

Figures published on 14th August 2014 by The Pensions Regulator show that more than four million workers have now been automatically enrolled into a workplace pension.

The regulator is urging all employers to find out when they need to be ready. The date an employer's duties go live is set in law it is called a staging date. It is simple for an employer to find out their staging date on the regulator's website using their PAYE information. All employers are affected by new workplace pensions duties, from corner shops to farms, builders to pubs. Every employer receives an individual letter 12 months before their staging date and can find information on what action they need to take and when at www.tpr.gov.uk For a no obligation chat about what impact the regulations will have on your business and what you need to do please contact Drew Donaldson at First Pensions Ltd, The Workplace Pension Specialists.