Gaudium Consultants Auto-Enrolment Specialists

25/06/2015

Small businesses are now receiving letters about their workplace pension/auto-enrolment requirements. Take action now to avoid the penalties... http://www.thepensionsregulator.gov.uk/employers/create-your-action-plan.aspx

Create a plan for automatic enrolment. Prepare for workplace pension regulations with The Pensions Regulator.

18/06/2015

FAQ - Auto-Enrolment duties for sole director companies:

What are the Auto-Enrolment duties if you are a sole director? Or the only other people that are working for you are directors? This query is coming up a lot. If you are a sole director then you are exempt from the duties but you must inform the Pensions Regulator. However, if there is more than one director and two or more of them have a contract of employment, then you must comply with Auto-Enrolment.

02/06/2015

Pensions regulator recommend employers choose their pension scheme 6 months before staging date
http://www.thepensionsregulator.gov.uk/employers/choose-a-pension-scheme-or-check-your-existing-one.aspx

Find out how to choose a pension scheme if you don't have one in place for auto enrolment. If you do have one, get advice on what to check to ensure it can be used.

29/05/2015

What does Auto-Enrolment mean for Employers? If you have any initial questions or just need to talk through what Auto-Enrolment means for your company, we can help. There is no fee for an initial chat. Best contact is Laura on 07933 791339.

18/05/2015

If you are an employer of a small business and not sure when you need to comply with Auto Enrolment by (known as your staging date), then you will find the attached link helpful: http://www.thepensionsregulator.gov.uk/employers/staging-date.aspx

Your staging date is set in law as of 1 April 2012 and is the date your automatic enrolment duties come into effect for you. You must be prepared for this date. You'll need your PAYE reference to find out your staging date.

18/05/2015

Why is Auto Enrolment happening?

It has been apparent for many years that there are millions of workers who are not saving enough to provide the income in retirement that will meet their aspirations. Too many people are relying on the state pension and as we have recently seen, the date when people can take their state pension is being pushed further and further back. Different governments have tried different solutions to this problem and the previous administration came up with the idea of compulsory pensions for workers whereby contributions are automatically deducted from your salary and put into a pensions plan which is earmarked as your “pot” to be transferred from employer to employer as you move jobs.

What happens if Employers don't comply?

If you fail to comply with your duties, the government may take enforcement action and issue a penalty notice. So it's important you are prepared.

How can Gaudium Consultants help?

Gaudium Consultants are specialists in this area. We understand employers don't have the time so we can take the burden away and deal with the duties on your behalf. Call Laura Wilson on 07933 791339 or our main office number on 0330 999 8877.