1 / 9

Jack McVitie Chief Executive LEBC Group

Jack McVitie Chief Executive LEBC Group. Compliance for Smaller Employers & Alternative Approaches. An employer with a new qualifying scheme. Non-members will be postponed 3 months. Existing members of the old scheme will receive a tailored Auto-enrolment notice at staging. Case Study.

chun
Download Presentation

Jack McVitie Chief Executive LEBC Group

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Jack McVitie Chief Executive LEBC Group

  2. Compliance for Smaller Employers & Alternative Approaches

  3. An employer with a new qualifying scheme. Non-members will be postponed 3 months. Existing members of the old scheme will receive a tailored Auto-enrolment notice at staging. Case Study

  4. What system will perform assessments – payroll? - provider? - employer? What system will deliver employee comms? – provider? - employer? Considerations - efficiency - reliability - security Pre-Staging Considerations

  5. Example - Payroll- Assessment - Employer/Employee Comms Month 1 Day 1 - Staging Date Day 15 - Payroll Cut Off Day 16 - Payroll Run/Assessment Day 17 - New Joiner File to Provider Day 17 - Joining Notices Day 17 - Postponement Notices Day 17 - Opt-In Window Begins Day 19 - Contribution Payment Day 25 - Pay Date Keeping Pace With Events

  6. No Time To Relax Month 2 Day 15 - Opt-Ins Noted Day 15 - Payroll Cut Off Day 16 - Payroll Run/Assessment Day 17 - New Joiner File to Provider Day 17 - Postponement Notices to New Employees Day 17 - First Opt-Out Window Ends Day 19 - Contribution Payment Day 25 - Pay Date Day 28 - Welcome Packs Issued

  7. The “Crunch” Month Month 3 Day 15 - Check for Opt-Ins and Outs Day 15 - Payroll Cut Off Day 16 - Payroll Run/Assessment/Refunds Day 17 - New Joiner File to Provider Day 17 - Postponement Notices to New Employees Day 17 - Contribution Payment Day 25 - Pay Date Day 28 - Welcome Packs Issued End of period Postponement Ends for Staging Date Employees

  8. How Will SMEs Cope?

  9. Demonstration

More Related