Following the launch of the latest in a long list of consultations on workplace pension reforms, the starting line for automatic enrolment has drawn one step nearer. Larger employers are due to get out of the blocks first although, in a bid to manage the burdens on business, employers will be able to apply a waiting period of up to three months before the automatic enrolment duty applies. There is also some relief for defined contribution schemes with a simplified certification process due to be put in place.
With the aim of drawing together the various events in the run-up to October 2012, this session will look at both the legal requirements and the practical implications of auto-enrolment, answering questions such as:
- What is the employer's staging date and how will an employer know when it is?
- How do the 'phasing' (or transitional provisions) affect an employer's obligations in the first few years?
- What documentation needs to be put in place and by when?
- If an employer chooses to use an existing occupational scheme as its auto-enrolment vehicle, what is the role of the pension scheme trustees?
- What steps should employers be taking now to ensure that they are ready for the big event?
You will have the opportunity to discuss your views with our presenters and, just as importantly, to share your experiences.