Workplace Pension Reform – Automatic Enrolment


Rob Clark – Adviser

With effect from October 2012 employers must comply with the Pension Act 2008. 

As an employer you will be required to automatically enrol eligible employees into a ‘qualifying pension scheme’.

You will eventually be required to contribute a minimum of 3% of each employee’s ‘qualifying’ earnings which is intended to incentives them to join. Their own contributions and tax relief will be added to this to meet a minimum 8% contribution rate from 2018.

Your staging date is determined by the total number of persons in your largest PAYE scheme.

Any pension scheme offered by the employer must meet three sets of criteria:

  • Automatic Enrolment criteria
  • Qualifying criteria
  • Quality requirements

Avidity Wealth Management have now established many Auto-Enrolment pension schemes, for employers of various sizes. To take advantage of our experience and expertise in this arena then contact us for advice.

For more information, please contact





The Financial Conduct Authority does not regulate all aspects of workplace pensions and auto-enrolment