The employer’s duty to enrol all employees automatically in a pension scheme is being rolled out in stages based on size of employer. Employer size is calculated by reference to PAYE payroll numbers as at 1 April 2012.
If an employer already provides a pension arrangement for its employees, it can use that existing scheme for auto-enrolment purposes provided certain criteria are met. This briefing note discusses these requirements in relation to money purchase schemes (also known as defined contribution schemes).
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