Auto-Enrolment

What Is Auto-Enrolment?


Being phased in between 2012 and 2018 the new law requires all employers with at least one employee to automatically enrol certain members of their workforce into a qualifying workplace pension scheme.

Getting the right workplace pension scheme in place to address your pension auto-enrolment needs is absolutely crucial.

What You Are Expected To Know and Do


Under Auto-Enrolment, an employer must pay minimum contributions in order to comply with their obligations. These are a percentage of earnings and are shown in the table below.

Date

Before 05/04/2018

06/04/18- 05/04/19

06/04/2019 onwards

Employer minimum

1%

2%

3%

Total minimum

2%

5%

8%

How can we help you?

With our knowledge and expertise, we know what has to be done, and we can help design a specific and relevant plan for your organisation.

© 2020 Hoyl Group

Hoyl Independent Advisers Limited

PO Box 46, Cromer Norfolk, NR27 9WX

Tel: 01263 513016  Email: support@hoyl.co.uk

 

Hoyl Independent Advisers Limited is Authorised and Regulated by the Financial Conduct Authority.

Our Financial Services Register number is 433927 - FCA Register.

Hoyl Mortgages is a trading name of Hoyl Independent Advisers Limited.

Registered in England, Company Number 05343956

Registered Address: PO Box 46, Upton House, St Margarets Road, Cromer, Norfolk, NR27 9WX