Auto Enrolment is currently being introduced to all employers, with medium size businesses now following larger employers into the legislative requirements, shortly to be followed by smaller employers.
Auto Enrolment describes the process of seeking to ensure that all employees have been introduced to the benefits of making personal pension provisions at source through their pay packets – including that the employer must contribute for all employees that are automatically enrolled.
The Auto Enrolment process is heavily driven by the payroll and it is anticipated that the further demands upon employers are likely to lead to a requirement to outsource the administration requirements.
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