Welcome to JLT Benefit Solutions Limited Auto-Enrolment
At JLT Benefit Solutions Limited (JLT) we are committed
to guiding you through your auto-enrolment journey. We provide
practical, impartial and quantifiable advice that helps you reach
your goals.
This site
is designed to help employers understand the challenges and
opportunities that auto-enrolment brings.
What is auto-enrolment?
Auto-enrolment is the obligation on all employers
to enrol their employees into a pension scheme automatically and to
pay money towards their pension. Learn more about
auto-enrolment basics.
What scheme should I use?
There is a wide choice of schemes you can enrol
your employees into; DC, final salary, CARE, cash balance, trust,
contract, NEST. Which one you should choose depends on your current
circumstances, your goals and your budget. Learn more
about qualifying schemes.
What system and processes are affected?
You need
to change your systems and processes to make sure that the right
people are enrolled into the right scheme at the right time. HR,
payroll, and pensions administration systems may all be affected.
Scheme websites will also need to change. Learn
more about auto-enrolment processing.
What costs are involved?
Auto-enrolment brings additional costs to your business from
paying extra pension contributions and from changing systems and
processes. There are options you have to manage these costs and
maximise the value you get from them. Learn more about auto-enrolment
costs.
What should I do next?
There are
a number of things you should be doing right now to ensure
that you meet your auto-enrolment goals in time, from identifying
your start date to updating your systems and processes. Learn more
about auto-enrolment actions.
New rules for pension saving made
simple -
Auto-enrolment
- Guidance for
employers
From October 2012 employers
with 50,000 or more employees will have to automatically enrol many
of their employees into pension saving. If you have fewer employees
your start date will be later.
To help you prepare for Auto Enrolment over the last
few months we sponsored a series of leaflets, produced in
conjunction with the NAPF, with each leaflet offering step by step
guidance on what employers have to consider in the run up to the
introduction of Auto Enrolment. There are 6 leaflets in the series
which can be downloaded here.
