Pension Reform - Auto Enrolment.

Pension Auto enrolment will affect all employers. Although for some this will not be until 2015 or beyond; larger employers will have been operating under the new system since October of last year.

The staging date, which is the date that you as an employer has to comply with auto enrolment, is determined by the number of employees in your PAYE scheme as at 01 April 2012

The immediate challenge for employers will be the huge administration burden and hidden costs auto enrolment will create, examples as follows :-

  • ensuring that all eligible workers are enrolled into the scheme
  • amending contracts of employment to permit auto enrolment
  • investing in new systems and procedures to manage the auto enrolment process

Darwin Clayton has teamed up with Cullen Financial Planning Limited who can work with you to produce project plans for auto enrolment and:

  1. identify the issues specific to your company and work with you to resolve these
  2. establish systems and procedures to manage auto enrolment, opt out and opt in process
  3. support you with your communications around your organisation

Established in 1998, Cullen Financial Planning Limited employs over 55 staff including over 20 Independent financial planning consultants. Based in the Northwest, they are one of the largest independently owned IFA firms in the UK and in the top 100 by size in the UK.

For more information on Pension Reform or other Financial Planning issues please contact

David Trew on telephone 0161 975 6700 quoting Ref: TND01

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