1. Automatic Enrolment Natasha Duncan and Kieron Brace
Moore Stephens Financial Services
10th November 2016

2. Established 28 years ago
Independent Chartered Financial Planners
Provide a range of solutions to Corporate and Private Clients
Manage over £300million for our Clients

3. Why is it happening?
On average, men will live to 83 and women will live to 85
years old1
Fact
Fact
50% of people in the
UK are saving into a workplace pension2
Fact
For 2016/17 the weekly basic State pension £155.65
1ONS: Interim Life Tables 2008 – Based on life expectancy at 65 for the UK.
Annual Survey of Hours and Earnings: Summary of Pension Results, Office for National
Statistics, March 2014.

4. “We’re all in”

5. Introduced by the
Government
Will help more people
save for their future
Everyone will have
access to a pension

6. What do you need to do? Know your staging date
Register with the Pensions Regulator
Choose a Pension Scheme
Assess and enrol your employees
Make contributions
Ongoing reporting

7. How much will be paid in? Employer Employee - April 2018 1%
April 2018 – April 2019 2% 3%
April 5%

8. Choices
Do nothing
Opt Out
Pay in More

9. Example 1 Annual Salary £35,824 – 1% Employer, 1% Employee
Qualifying Salary £30,000
Qualifying Monthly Salary £2,500
Employer £25
Employee £20
Tax Relief £ 5
Total £50

10. Example 2 Annual Salary £35,824 – 3% Employer, 5% Employee
Qualifying Salary £30,000
Qualifying Monthly Salary £2,500
Employer £ 75
Employee £100
Tax Relief £ 25
Total £200

11. How can Moore Stephens help?
Free initial consultation
Find out your staging date
Recommend and implement a suitable pension scheme
Communicate with your employees
Provide ongoing reviews

12. Any Questions?

13. Information Packs About Moore Stephens Financial Services
Response Sheet
Letters of Authority

14. This presentation is based on our understanding of current tax and pension legislation which may change in the future.
Past performance is not a guide to future performance and the value of funds can fall as well as rise.
Moore Stephens Financial Services (East Midlands) Limited is authorised and regulated by the Financial Conduct Authority.