Auto-enrolment in five simple steps

AUTO-ENROLMENT

clock • 4 min read

Encouraging companies to get ahead of the game should be at the top of advisers' agendas this year, writes Mark Pemberthy, director at JLT Benefit Solutions.

Many organisations will enter 2013 with auto-enrolment preparations on their to-do lists. We have long recommended that planning should start 18 months before staging dates and this is now echoed by the pensions regulator. However, 18 months may not be a realistic project timeline for companies starting their planning in early 2013. Some companies will not have 18 months left before they stage, but those that do face a completely different challenge. Those 18 months takes us to the middle of 2014 and a significant spike in the number of companies staging each month. There are currently o...

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