4th April 2014
When your business must start doing this (called a ‘staging date’) depends on how many people you have on your payroll. Check your business’ staging date with The Pensions Regulator.
If you don’t already offer workers a workplace pension scheme, you must set one up before your business’ staging date.
If you already have a workplace pension scheme, check if you can use it for automatic enrolment.
You must enrol into the scheme all workers who:
You must make an employer’s contribution to the pension scheme for those workers.
The Pensions Regulator has more information for employers about automatic enrolment.
If you offer access to a stakeholder pension scheme, you must carry on taking workers’ contributions from their pay and send them to the scheme if the worker wants you to.
Source: Business Wales