Benexo

Uncategorized

10 Years of Auto-enrolment

What is automatic enrolment in pensions?   Auto-enrolment is an initiative introduced by the UK government to encourage more individuals to save for their retirement. Within this framework, employers are obligated to automatically enrol their eligible employees in a workplace pension scheme and contribute to it on their behalf.     How does auto-enrolment work? …

10 Years of Auto-enrolment Read More »

Work Culture: A way to retain employees

As SMEs grapple with a talent crunch amidst financial constraints, a distinct strategy emerges for acquiring and retaining the right workforce. The pivotal factor for success lies in aligning with your company culture. Confronted by the hurdles of surging inflation, escalating interest rates, and a competitive job market, employers are encountering difficulties in securing and …

Work Culture: A way to retain employees Read More »

The most-googled questions on auto-enrolment from EMPLOYERS

WHAT IS AUTO-ENROLMENT? Auto-enrolment requires all employers to offer employees a pension and automatically enrol ‘eligible’ employees in a workplace pension. Under auto-enrolment, total contributions must be at least 8% with the minimum employer contribution being 3%. WHAT DO I NEED TO DO AS AN EMPLOYER TO BE AUTO-ENROLMENT COMPLIANT? The key initial steps for …

The most-googled questions on auto-enrolment from EMPLOYERS Read More »

Pension – Auto-enrolment Explained for Employers

To comply with legal obligations, employers must understand and adhere to Automatic Enrolment duties. Familiarising yourself with both initial and ongoing responsibilities is crucial for ensuring compliance and avoiding fines imposed by The Pensions Regulator (TPR). This article provides a concise overview of employer duties, including the necessary administrative steps and associated timeframes. Automatic Enrolment …

Pension – Auto-enrolment Explained for Employers Read More »

Scroll to Top