As well as ensuring you meet any statutory deadlines, you'll also need to make sure you allow sufficient time to complete a range of different tasks.
Because there’s such a lot to do, it may take longer than you think. Our experience has shown us that the earlier you start to plan, the easier it will be when it comes to implementing your new pension.
With this in mind, we look at each of the key tasks in more detail below
If you’ve already got a pension scheme, the first thing you should do is establish whether it meets the requirements for auto enrolment as this could save you a lot of time and make things much easier.
The next thing you’ll need to think about is your payroll. The ability to automate the ongoing processing requirements that auto enrolment will bring, could significantly reduce the burden on your payroll team.
If you haven’t done so already, you’ll need to start thinking about what you’re going to pay
It’s important to confirm your staging date as soon as you can as this will impact the timing of a number of tasks.
You’ll be required to provide your employees with various statutory communications.