The Chartered Institute of Payroll Professionals
Policy Bi-Monthly Newsletter – September 2016
Pensions Regulator hosts free business adviser events 30 August 2016
Join The Pensions Regulator (TPR) in September for one of their half day business adviser events, where you can find out about the latest regulation changes and how you can help your clients comply with their automatic enrolment legal duties. At the seminars you’ll learn about the tasks employers need to complete to meet their legal duties. There will be a panel of automatic enrolment experts who will take you through the basics, as well as some of the areas business advisers have told TPR they find more challenging. These include: When and how to use postponement Your role in choosing a scheme for your client Duties for sole director companies.
Following feedback from previous events, TPR are also including information on re-enrolment, so wherever your clients are in the auto enrolment journey, experts will be able to help you support them.
TPR are offering morning and afternoon sessions on 6 September in Edinburgh and 14 September in Nottingham. Follow this link to register for either event .
Extended refresher webinar - plus LinkedIn Q&A 13 September 2016
Join The Pensions Regulator webinar on 6 October 2016 where they will be covering the basics of automatic enrolment, followed by re-enrolment duties. Benefit from the interactive Q&A with an expert panel throughout.
Register here to join TPR on Thursday 6 October from 14:00 to 15:15 where they will be covering the basics of Automatic Enrolment (AE) for everyone; a possible refresher for those who’ve been working on AE for their clients for a while? This will be followed by the latest updates, including a brief overview of re-enrolment duties, compliance figures, and new online information and guidance that will help you and your clients. TPR has interactive Q&A sessions with their expert panel throughout. TPR is also hosting another LinkedIn session on 11 October from 10-11am, where they will take questions on any aspect of the AE process. To join in, you’ll need to register to join TPR's LinkedIn group before the Q&A and post a question in the same way as you would start a discussion.
Automatic enrolment: Postponement and seasonal workers 15 September 2016
The Pensions Regulator has produced two new animated tutorials and other tools for employers on the more complex areas covering postponement and seasonal workers .
An employer may have seasonal peaks they wish to avoid, as automatic re-enrolment may result in an influx of new pension scheme members along with the associated communication activities. For cyclical re-enrolment purposes an employer may choose their date from any date that falls within a six month window, starting three months before the third anniversary of their original staging date and ending three months from that anniversary. In this way the employer has the flexibility to avoid certain fluctuations. Bear in mind that postponement is not available for an employer to use at automatic re-enrolment. You can only postpone automatic enrolment from: your staging date a staff member’s first day of employment the date a staff member first meets the age and earnings criteria to be put into a pension scheme that you also pay into.
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