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Tag Archives: Pensions Auto Enrolment
Auto enrolment ‘engagement’ and calculation tool
The Pensions Regulator (‘TPR’) has announced that following consultation they will develop a basic automatic enrolment tool. The basic tool should be available to download from TPR’s website by the end of 2015. TPR consulted earlier this year on proposals … Continue reading
Posted in Business news
Tagged Auto Enrolment calculation tool, Pensions Auto Enrolment, TPR
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Auto Enrolment guidance for small employers
The Pensions Regulator (TPR) has launched a new step-by-step guide to help small businesses get ready for their automatic enrolment duties. According to TPR the online guide has been written specifically for employers with between one and 50 staff. The … Continue reading
Posted in Business news
Tagged Auto Enrolment Guidance, Charles Counsell, Pensions, Pensions Auto Enrolment, The Pensions Regulator, TPR
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Fines for those who fail to comply with Pensions Auto Enrolment
The Pensions Regulator (TPR) has issued 166 Fixed Penalty Notices of £400 to employers who failed to meet their obligations in the last quarter of 2014. The number of employers approaching the date when they must confirm that they have … Continue reading
Posted in Business news
Tagged Auto Enrolment, Charles Counsell, Declaration of Compliance, Pension, Pension Duties, Pensions, Pensions Auto Enrolment, The Pensions Regulator, TPR, Workplace Pension Duties
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Auto enrolment letters and updated thresholds
The Pensions Regulator (TPR) is to write to all small and micro businesses in the coming months as part of a new campaign to give them key information on auto enrolment, including when the duties affect their businesses. In addition … Continue reading
Posted in Business news
Tagged Auto Enrolment Letters, Pension, Pensions, Pensions Auto Enrolment, The Pensions Regulator, TPR, TPR Website Tool, Workplace Pension
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Pension scheme charges consultation
Government consultation proposes to cap annual charges that are applied to pension schemes at between 0.75% and 1.0% a year. While the average charge on new pension schemes is around 0.51% the Office of Fair Trading estimates that there are … Continue reading
Posted in Business news
Tagged Government, Minister for Pensions, Office of Fair Trading, Pension Scheme, Pension Scheme Charges, Pension Scheme Charges Consultation, Pensions Auto Enrolment, Steve Webb
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Government publishes ‘Supporting automatic enrolment’
Under Pensions Auto Enrolment employers will have to automatically enrol eligible workers in a qualifying pension scheme and make pension contributions for those employees. The Auto Enrolment process is being rolled out in stages and the contributions will be increased … Continue reading
Posted in Business news
Tagged Automatic Enrolment, Department of Work and Pensions, Government, Minister for Pensions, National Employment Savings, National Employment Savings Trust, NEST, Pensions Auto Enrolment, Steve Webb, Supporting Automatic Enrolment
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Auto enrolment tool
Under Pensions Auto Enrolment employers must: ‘auto enrol’ eligible employees into a pension scheme make employer pension contributions for them, and make deductions of employee pension contributions from the employees pay. Although the rules came into force from October 2012, … Continue reading
Posted in Business news
Tagged PAYE, Pensions, Pensions Auto Enrolment
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