- Auto Enrollment plan is a retirement savings plan in which employees are automatically enrolled to contribute a certain amount of their salary each paycheck.
- From October 2012 major UK pension reforms will significanty impact employers’ human resource, payroll, pensions and finance functions. Being ready to comply could take over 18 months; the impact is more than just extra pensions’ costs.
- In Auto Enrollment, For many organisations, addressing the new requirements will be costly and resource intensive. Early preparation will be essential to ensure requisite changes to systems, processes and communication materials are identified and addressed, why not give us a call and see how we can be of assistance.