{"id":3187,"date":"2018-01-19T12:59:27","date_gmt":"2018-01-19T12:59:27","guid":{"rendered":"https:\/\/smh.group\/?p=3187"},"modified":"2023-02-15T13:52:54","modified_gmt":"2023-02-15T13:52:54","slug":"auto-enrolment-becomes-business-usual","status":"publish","type":"post","link":"https:\/\/devstagesite.co.uk\/smhgroup\/auto-enrolment-becomes-business-usual\/","title":{"rendered":"Auto Enrolment Becomes Business as Usual"},"content":{"rendered":"<p>Since 1<sup>st<\/sup> October 2017, every employer in the UK now must place certain staff into a pension scheme and contribute towards it. Until now, there has been a roll-out programme in place \u2013 slowly bringing employers into Auto Enrolment by reference to a future \u2018staging\u2019 date.\u00a0For existing employers, the final staging dates will be February 2018 depending on when they registered as an employer.<\/p>\n<p>But those becoming an employer for the first time on or after 1<sup>st<\/sup> October 2017 will immediately have auto enrolment duties. On the first day a person starts working for them (known as their\u00a0<em>duties start date<\/em>), they should formally assess them to see if they meet the criteria to be put into a pension scheme.<\/p>\n<p>To be auto enrolled, staff must be aged between 22 and state pension age, and earn over \u00a310,000 per year (\u00a3833 per month, or \u00a3192 per week). A Declaration of Compliance must be submitted to the Pensions Regulator, even if no one meets the auto enrolment criteria.<\/p>\n<p>The employer must give the following enrolment information to each eligible jobholder who is being automatically enrolled within the joining window.<\/p>\n<ul>\n<li>A statement that the jobholder has been enrolled into a pension scheme<\/li>\n<li>The jobholder\u2019s automatic enrolment date<\/li>\n<li>The value of any contributions made by the employer and the jobholder<\/li>\n<li>If the pension scheme chosen for automatic enrolment is a DC occupational pension scheme or personal pension scheme, a statement advising the jobholder of the phased increase in contributions as part of the introduction of the reform<\/li>\n<li>A statement that any contributions payable to the scheme by the jobholder will be deducted from pensionable pay<\/li>\n<li>Confirmation as to whether tax relief will be given on employee contributions<\/li>\n<\/ul>\n<p>Once enrolled into an automatic enrolment pension scheme, the jobholder can decide to opt out of the pension scheme. Automatic enrolment into an automatic enrolment scheme is compulsory, but ongoing membership is not. A jobholder has the right to opt out of pension scheme membership, but cannot opt out of automatic enrolment.<\/p>\n<p>Once automatic enrolment has been completed, an employer will have ongoing responsibilities, such as paying contributions, managing the opt-out process and keeping records.<\/p>\n<p>Sutton McGrath Hartley <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/financial-services\/\">provide financial advice <\/a>in Sheffield, Chesterfield and Rotherham.<\/p>\n<p>If you\u2019ve recently started a business and are unsure of your auto enrolment responsibilities or been putting off enrolment since the passing of your staging date, please get in touch and we can discuss how to ensure you meet the requirements.<\/p>\n<p>Telephone \u2013 0114 2664432.<\/p>\n<p>Email \u2013 info@smhca.co.uk<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since 1st October 2017, every employer in the UK now must place certain staff into a pension scheme and contribute towards it. Until now, there has been a roll-out programme in place \u2013 slowly bringing employers into Auto Enrolment by reference to a future \u2018staging\u2019 date.\u00a0For existing employers, the final staging dates will be February 2018 depending on when they registered as an employer. But those becoming an employer for the first time on or after 1st October 2017 will immediately have auto enrolment duties. On the first day a person starts working for them (known as their\u00a0duties start date), they should formally assess them to see if they meet the criteria to be put into a pension scheme. To be auto enrolled, staff must be aged between 22 and state pension age, and earn over \u00a310,000 per year (\u00a3833 per month, or \u00a3192 per week). A Declaration of Compliance must be submitted to the Pensions Regulator, even if no one meets the auto enrolment criteria. The employer must give the following enrolment information to each eligible jobholder who is being automatically enrolled within the joining window. A statement that the jobholder has been enrolled into a pension scheme The [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":15848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3,16,23],"tags":[107,98,24],"class_list":["post-3187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-smh-accounting-business-advisory","category-financial-services","category-payroll-pensions","tag-auto-enrolment","tag-financial-advice","tag-pensions"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Auto Enrolment Guidance | Sutton McGrath Hartley Blog<\/title>\n<meta name=\"description\" content=\"Every employer in the UK now must place certain staff into a pension scheme and contribute towards it. Find out what you need to do to comply here.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto Enrolment Guidance | Sutton McGrath Hartley Blog\" \/>\n<meta property=\"og:description\" content=\"Every employer in the UK now must place certain staff into a pension scheme and contribute towards it. 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