Auto-enrolment
A guide to new legislation which requires all employers to automatically enrol the majority of their employees and other workers into a pension arrangement with minimum levels of contributions or benefit. It is written for company secretaries and employers, although employees, trustees and others involved in pensions’ administration will also find it useful.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
ICSA Solutions
ICSA Solutions are an innovative series of ebooks that provide immediate access to all the necessary information on a particular topic; offering practical guidance, case studies and time-saving checklists.
Contents
1. Auto-enrolment: what employers need to do
Chapter 1 outlines the tasks and duties falling on employers under auto-enrolment.
2. Workers and jobholders: who to auto-enrol
Chapter 2 looks at what an employer needs to do to in order to identify those who must be auto-enrolled and those who have other rights.
3. Auto-enrolment schemes and qualifying schemes
Chapter 3 looks at how to choose a suitable pension arrangement and decide what the contribution or benefit basis will be.
4. The auto-enrolment process
Chapter 4 looks at the tasks involved in automatically enrolling a jobholder once a scheme has been chosen and eligible jobholders identified.
5. Tailoring auto-enrolment
With many employers having some sort of pension provision for at least a proportion of their workforce, Chapter 4 looks at whether an existing scheme could be retained, extended or modified to fit auto-enrolment requirements. As the legislation is very prescriptive, the risks in tailoring auto-enrolment are discussed.
6. Auto-enrolment and corporate transactions
Chapter 6 addresses the issue of pension liabilities in corporate transactions. The need to comply with auto-enrolment and the various protections associated with it can create practical challenges which are discussed.
7. Compliance: employer duties and sanctions
Chapter 7 discusses employers' statutory duties in relation to auto-enrolment and the employment protection rights of workers. The sanctions which may be issued to employers by the Pensions Regulator for breaches of duty are outlined.
Practical tools and other customisable content
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Disclaimer
The publication does not necessarily deal with every important topic or cover every aspect of the topics with which it deals. It is not intended to provide legal advice and should not be treated as a substitute for legal advice. Legal advice should always be sought before taking action based on the information provided. The authors bear no responsibility for errors and omissions.
The Institute of Chartered Accountants in England and Wales (as distributor) disclaims all liability for any errors or omissions.