Auto-enrolment: 15 steps you need to take

Below are the steps employers need to take to comply with taxation and state benefit changes, increased retirement flexibility, investment market volatility, removal of default retirement age and revised equality legislation. 1. Assess your workforce 2. Identify who to automatically enrol 3. Review scheme design 4. Consider total pension costs 5. Choose a pension scheme 6. Consider the default investment option 7. Engage with your Payroll Provider 8. Communicate with members 9. Make contributions 10. Process any opt-out notices 11. Process opt in or joining ...