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Automatic enrolment Since the recording of this webinar there have been a number of changes in automatic enrolment legislation. The principles described.

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Presentation on theme: "Automatic enrolment Since the recording of this webinar there have been a number of changes in automatic enrolment legislation. The principles described."— Presentation transcript:

1 Automatic enrolment Since the recording of this webinar there have been a number of changes in automatic enrolment legislation. The principles described remain the same. The changes are: Changes in legislation - 1 April 2014 The deadline for completing registration with the regulator has been extended to five calendar months. The period for completing automatic enrolment (joining window) has been extended to 6 weeks A new definition of a pay reference period has been introduced which allows employers to choose to align the assessment of their workers to tax weeks or tax months The deadline for a number of the information requirements has been extended to 6 weeks www.tpr.gov.uk/docs/resource-info-to-workers.pdfwww.tpr.gov.uk/docs/resource-info-to-workers.pdf The Opt-out window remains as one calendar month. For the earnings thresholds for the current tax year visit our website at: www.tpr.gov.uk/earnings-thresholds www.tpr.gov.uk/earnings-thresholds The information we provide is for guidance only and should not be taken as a definitive interpretation of the law.

2 Useful links for further information Main steps to prepare for automatic enrolment www.tpr.gov.uk/employers/main-steps.aspx Detailed guides for Employers (and pension professionals): www.tpr.gov.uk/pensions-reform/detailed-guidance.aspx What information do employers need to provide to their workers? www.tpr.gov.uk/docs/Pensions-reform-resource-information-to-workers.pdf Letter templates for employers: www.tpr.gov.uk/employers/letter-templates-for-employers.aspx Information about Registration and employer checklist: www.thepensionsregulator.gov.uk/employers/registration.aspx www.tpr.gov.uk/docs/TPR_Checklist_050712.pdf Detailed guides for Software Developers: http://www.tpr.gov.uk/professionals/software-developers.aspx Beginners guide to automatic enrolment – Useful tools: http://www.tpr.gov.uk/employers/beginners-guide-to-auto-enrolment.aspx

3 www.tpr.gov.uk


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