IGA News

Pensions - Automatic Enrolment Guides and Resources

Pensions - Automatic Enrolment Guides and Resources

26 August 2015

Every employer with at least one member of staff now has new duties, including enrolling those who are eligible into a workplace pension scheme and contributing towards it.

This is called automatic enrolment because it is automatic for your staff - but it’s not automatic for you as an employer. You need to make sure your eligible staff are enrolled into a pension scheme. Even if you already pay contributions into a pension scheme, you still need to check if it is suitable for automatic enrolment.

We have created a page in the Members Area of the new IGA website containing all the resources you need to set up automatic enrolment, including a step-by-step guide explaining what to do, how to do and how long before your staging date you need to do it. A PDF version can also be downloaded and printed from the page.

You should be aware that the Pensions Regulator advises that you start planning 12 months before your staging date.

Visit the page here to make sure you are up to date with enrolment and are prepared for your next steps: www.IndependentGarageAssociation.co.uk/members-area/pensions

You may also want to sign up to The Pensions Regulator email list, the UK regulator of work-based pension schemes, to keep up to date with developments and advice.

If you have any questions about the process or the new pension scheme, please call our member helpline on 0845 305 4230.