Event details:
In his comment, Steve Webb, Minister for Pensions (DWP), has given some of the background reasoning to the new Pensions Reform and Auto-Enrolment legislation and outlined some the choices that employers will have to make over the coming months.
This legislation will be seen by some employers as onerous and by others as an opportunity to provide a true benefit to their employees.
Regardless of one’s perspective, the one thing that every UK employer will not be able to do is ignore what is coming.
From 2012, all Employers will face substantial new duties with the implementation of auto enrolment and NEST.
Apart from the additional legislative burden, this will also have a potential impact on the employer's overheads and cash-flow, However, we see this as an opportunity for Employers too.
In our travels, we have found that there remains a general lack of information being published and feel that all Employers deserve as much notice as possible on the factual information.
In this presentation we will look at:
- giving a detailed overview of the legislative requirements and timescales for the employers
- what the new Employer duties are,
- and the areas how we can provide real value in alleviating the burden; both legislatively and financially.