What is auto enrolment?
Auto enrolment is the Government’s latest initiative to increase pension savings.
Nearly half of all employees have no pension provision other than the state pension scheme. To help overcome this, the Government has implemented new workplace pension reforms that impose new duties on employers to make mandatory pension provision for their employees. At the core of these reforms is the requirement for employers to include certain employees (known as eligible jobholders) in a pension scheme automatically (known as auto enrolment).
When does auto enrolment start? Click here to find out more.