Tuesday, 6 December 2011

You’re prepared for auto-enrolment but what about elsewhere in your company?

Is your company prepared for auto-enrolment? As a financial, payroll or pensions manager you may know the details of the changes in 2012 but do all departments have plans in place?
According to a survey by the Chartered Institute of Professional Development (CIPD), featured in Payroll World this week, many HR professionals knew about the changes regarding auto-enrolment, but less than one third knew the date the changes would apply to them.
Charles Cotton, CIPD reward adviser is quoted as saying , “My suspicion is that…HR has assumed that another team or department… is dealing with the response to the 2012 pension changes.”
In another article on the Payroll World website, the National Association of Pension funds (NAPF) has also said that the scheme would benefit from some plain English ‘rather than gobbledegook’ to help both staff and pension recipients. To get some clarity for you and your colleagues read more at www.payrollworld.com

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