Why have so many companies still not established a plan for how
they will deal with the impact of auto-enrolment?
The legislation was enacted in 2008 and all the steps to ensure
its successful roll out have been put in place, thousands of
companies have already reached their staging date, established a
qualifying workplace pension scheme and auto-enrolled their staff.
All employers with as few as 50 staff will already have been issued
with notices from TPR confirming when their staging dates are.
There is no doubt that at some point in the near future you will be
required to do the same.
Another IT project
Auto-enrolment realistically is not a pensions' issue. Of
course the contributions will end up being paid into a pension
scheme but the processes would hardly be different at all if the
receiving vehicle were the member's salary, an ISA account, or
something entirely new, introduced for the purpose. Pensions
auto-enrolment is really another IT project and will
