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Workplace Pensions – April 2016 update

Below are the key messages from the Pensions Regulator for the month of April:

April’s Key Messages

• Do you know what you need to do if you employ at least one member of staff?
• Do you know which of your staff you need to put into a pension scheme?
• Have you checked if your existing pension scheme can be used for automatic enrolment?
• Don’t risk a fine – make sure the Declaration of Compliance is filed correctly

April’s Long-form Article

Between now and August more than 100,000 small employers and their business advisers will complete and submit a Declaration of Compliance to TPR. With this in mind, the article this month focuses on ‘AE and what you need to know about completing a declaration of compliance’ with FAQs and useful links also included.

More Useful Links

• Joint campaign micro-site www.workplacepensions.gov.uk

• Use the Duties Checker: http://www.thepensionsregulator.gov.uk/en/employers/duties-checker.aspx
• Find out your staging date: http://www.thepensionsregulator.gov.uk/employers/staging-date.aspx
• Understanding the costs of implementing AE: www.tpr.gov.uk/employercosts
• What happens if I don’t comply?: http://www.thepensionsregulator.gov.uk/en/employers/what-happens-if-i-dont-comply.aspx
• Guide to Automatic Enrolment: http://www.thepensionsregulator.gov.uk/en/employers/automatic-re-enrolment.aspx
• Silverline Wheels and Tyres, a case study into a small business complying with Automatic Enrolment:https://www.youtube.com/watch?v=Zyn5E7Gk6b0
• How to complete a declaration of compliance: https://www.autoenrol.tpr.gov.uk/

April 2016 – key messages – employer focus

Article for employers – Declaration of Compliance – April 2016