A Quick Guide to Auto Enrolment For UK Employers

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What IS Auto-Enrolment? The BIGGEST Pensions Shake Up in Generation

description

This presentation will give UK employers an overview into the pensions regulation that is auto enrolment. Don't be in the dark - educate yourself on auto enrolment now and avoid hefty fines from the Pensions Regulator.

Transcript of A Quick Guide to Auto Enrolment For UK Employers

Page 1: A Quick Guide to Auto Enrolment For UK Employers

What IS

Auto-Enrolment?

The BIGGEST PensionsShake Up in Generations.

Page 2: A Quick Guide to Auto Enrolment For UK Employers

Auto-Enrolment affects most Employers…

…yet many are still in the dark about it!

Don’t bury your head in the sand!

Page 3: A Quick Guide to Auto Enrolment For UK Employers

The Emphasis on Saving For Retirement,

is being passed From

Governmentto

Employer

Page 4: A Quick Guide to Auto Enrolment For UK Employers

The Pensions Regulator writes to Employers

12 Months before their Staging Date

…the ‘Staging Date’ is the date by which you’re expected to comply.

Page 5: A Quick Guide to Auto Enrolment For UK Employers

Auto-Enrolment brings…Lots of Record Keeping Obligations(minimum 6 years)

Paperwork and Administration

Headaches

…that is…IF you’re not prepared.

Page 6: A Quick Guide to Auto Enrolment For UK Employers

Preparing in advance

works out much cheaper.

SAVE TIME

SAVE RESOURCES

SAVE MONEY

Page 7: A Quick Guide to Auto Enrolment For UK Employers

Do Nothing…FIXED PENALTY NOTICE

£400PLUS

UP TO £10,000PER DAY*

*depends on company size (no. of employees)

Don’t

Page 8: A Quick Guide to Auto Enrolment For UK Employers

We Have A Solution!

• Flexible, web-based system – works anywhere on multiple devices.

• Integrates seamlessly with existing processes and payroll / HR software.

• Ensures legal compliance and handles all types of pension schemes

• Affordable and scalable to all businesses

AUTO-ENROLMENT SOLUTION

Page 9: A Quick Guide to Auto Enrolment For UK Employers

Contact: Stephen Yaffe

Business Development ManagerKey Financial Consultants Limited.Office: 0161 443 0067

Mobile: 07891 583 547Email: [email protected] this deck at: slideshare.net/keyfinancialconsultantsEvery care has been taken to ensure that the information provided is correct

and in accordance with the law and HMRC practice, which is subject to change.

Key Financial Consultants are authorised and regulated by

The Financial Conduct Authority. No: 460430

Flickr Image Credits

Tropical Pete "I Can't See You" http://www.flickr.com/photos/12023825@N04/

Doug88888 "Ostrich Bird" http://www.flickr.com/photos/doug88888/

s_evenseth "Ostrich" http://www.flickr.com/photos/s_evenseth/

Vanderwal "Parliment" http://www.flickr.com/photos/vanderwal/

Doug88888 "Saving for a rainy day" http://www.flickr.com/photos/doug88888/