This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.
X
MM+Cover+small+101214
Categories:Pensions,Politics

DWP eases auto-enrolment admin burden for employers

  • Print
  • Comment

The Government has announced a series of amendments to automatic enrolment regulations designed to ease the administrative burden on employers.

The proposed changes include extending the time period within which employers must notify workers about a waiting period and their right to opt into a company pension scheme from one week after the employer’s staging date to one month.

The DWP also confirms its intention to clarify the definition of basic pay for auto-enrolment after concerns were raised about the complexity of the self-certification process.

Pensions minister Steve Webb says: “I welcome the positive response to our consultation. These regulations provide key legal requirements and guidance to help employers start enrolling their staff later this year.

“Automatic enrolment can now begin and start a much-needed seismic shift in pension saving in this country.”

  • Print
  • Comment

Daily Email Updates
If you enjoyed this article, sign up to receive the latest news and analysis from Money Marketing.

The Money Marketing CPD Centre
Build your annual CPD - you can log and plan your CPD hours for free with The Money Marketing CPD Centre.

Money Marketing Awards 2015
Put your firm forward as the leading practitioner in your field. Adviser and Advertising categories are open to entries - Enter Now.

Have your sayEdit my profile/screen name

You must sign in to make a comment

AXA Wealth


Fund Data

Editor's Pick



Poll

Two years on from the RDR, do you think consumers are better off as a result?

Job of the week

Latest jobs

View all jobs

Most recent comments

View more comments