Media Briefing Note: Auto-enrolment 1 October Staging Date
24 September 2012
LONDON, 24 September 2012 - Commenting in advance of the 1 October staging date for auto-enrolment Nicola Rondel, senior associate in Hogan Lovells' pensions team, said:
"Although changes announced earlier this year by the DWP meant that small businesses would be given more time to prepare for automatic enrolment in recognition of the economic climate, no concessions were provided to larger employers who must start automatically enrolling their employees from 1 October. In the first year to October 2013, employers with PAYE schemes ranging in size from 120,000 to 800 will become subject to the automatic enrolment duties. Anecdotal evidence suggests that many employers are still struggling to get to grips with all the complexities inherent in the automatic enrolment legislation and will be 'learning on the job'."