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Bookkeeping and Accounting Services In Shropshire

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Auto Enrolment

What is Auto-Enrolment?

Currently there is not enough in the “pension pot” for everyone to get a decent state pension when they retire, and only around 52% of the British population has a private pension to support them. The Government reckons that auto-enrolment will generate between 4 and 8 million new pension savers from its launch in 2012.

What employers must do:

To be eligible an employee must be:

The Pension Regulator!

The objectives of The Pension Regulator is to protect the benefits of the members, to promote and improve understanding and to maximise compliance.

For full information on Auto Enrolment https://www.gov.uk/workplace-pensions

The Hollies Bookkeeping Services are up to date with auto-enrolment, using Sage 50 software, we have attended Seminars with Sage on how Auto-Enrolment will need to be implemented.  We have contacts with Pension Advisors who would be more than happy to discuss the auto-enrolment future with our clients and to assist in getting every one ready for their scheduled staging date.  Once that our clients are satisfied with the pension scheme chosen, we at The Hollies Bookkeeping Services can help by implementing the scheme into the client’s Sage Payroll programme and process in the same manner as we do regular payrolls with RTI.