In 2012 the law on workplace pensions was changed. Under the new law all employers in the UK must put eligible staff into a pension scheme and contribute towards it. This is called ‘Automatic Enrolment’. The requirement started to take effect within larger employers in October 2012 and will apply to all employers by 2018. Tri’s staging date was 01.01.2016 and we have successfully managed the process of auto enrolment through our payroll software and in partnership with NOW:Pensions.
To find out more about Workplace Pensions and how it effects you click here HERE to read the information from the Department of Work and Pensions.