Chief executives of the UK's largest companies will receive official notification of their auto-enrolment responsibilities from The Pensions Regulator this week.
A letter from TPR chief executive Bill Galvin is the first phase of the massive education and compliance campaign run by the regulator, as part of its enforcement role. A five point check list and auto-enrolment information factsheet are also being sent out. The introduction of auto-enrolment and compulsory employer pension contributions is being staged across the UK from next year. The largest employers will take on their duties from October 2012, through to the final companies by September 2016. Companies with more than 120,000 staff will be the first to receive the information t...
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