A Guide to Auto Enrolment
Large employers had to implement the Government’s pensions auto enrolment scheme first, partially because their additional resources allowed them to find a scheme best suited to their workforce more quickly as well as the best technology to help them implement it.
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Around half of medium-sized enterprise (SME) owners do not understand what auto enrolment is and, just as seriously, 82% do not know the rough cost of auto enrolment for their companies, according to a recent survey by pension specialist Clifton Wealth. It also appears business owners are leaving their preparations for auto enrolment too late, with 90% of those with a staging date within the next 12 months saying they have not started planning. To help bridge the gap between what business owners believe is needed to meet auto enrolment regulations and the reality of what is required, we’ve outlined the main points for you.Download Whitepaper