The Pensions Regulator : Updated Auto Enrolment Guidance
13 February 2012 The Pensions Regulator has published updated step-by-step guidance on auto enrolment responsibilities for employers. Initially aimed at larger schemes, the rollout will eventually encompass substantially all employers. The guidance covers the process of workforce assessment : which employers are covered and who is out, scheme provision and transition, the automatic enrolment process : plus opting-in and opting-out, employee safeguards and record-keeping. The current timetable has auto-enrolment going live for the largest employers (120,000 employees and above) in Q4 2012, with rapid progressive rollout down to medium sized schemes (30,000 and above) by year-end. Other schemes have longer…