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Auto-enrolment could significantly impact on your Human Resources, Payroll and Finance functions. Preparing to comply might take over 18 months, since it involves updating your systems, processes and communication materials. Good planning can help reduce costs and mitigate risks.
Since October 2012, employers have been required to start implementing auto-enrolment from their allocated ‘Staging Date’. From your ‘Staging Date’, all employees aged between 22 and the State Pension Age must be auto-enrolled into NEST or a ‘Qualifying’ DC (Defined Contributions) scheme.
Find out your staging date (www.thepensionregulator.gov.uk)
To help, we have developed ‘Auto-enrolment: The Complete Solution’ – a suite of services to help you introduce auto-enrolment in a cost-efficient and mitigate any risks.