The Pensions Regulator (TPR) is becoming concerned that some employers haven’t begun organised their auto-enrolment yet, and are possibly leaving their preparations too late to comply with their duties on time. This is after half a million small and micro employers are still to act this year, to meet their duty deadline.
TPR have already issued letters to these employers alerting them that their auto-enrolment duties are soon to start and reminding them that failure to prepare and comply on time, risks avoidable compliance action from them. However it’s still thought that a considerable amount of employers will leave it too late, or not take any action at all.
If you haven’t started planning for auto-enrolment yet, you should aim to start around 12 months before your staging date. If you need assistance with auto-enrolment, contact us on 01909 512 120 or email email@example.com