Auto enrolment has been rolled out to the employers of this country over the last five years or so. By February 2018, all employers in the UK will have to consider their responsibilities in terms of auto enrolment. It is such a sea change in the way that we operate as employers that it can be easy to think that all the hard work is done. But there are ongoing auto enrolment duties for every employer to make sure that they stay on the right side of the law.
The Pensions Regulator have been given strong powers to ensure that employers play by the rules. Pensions will become an important part of the financial planning of everyone in the country as the state pension struggles to keep up with inflation and living costs. Sadly, the pension plans of many people in the UK is nowhere near what they might need.