From 2012, changes to pensions law will affect all employers with at least one worker in the UK. Our downloadable guide contains a summary of these changes, including what employers must do and how they might set about getting ready.

Employers will need to:

• Automatically enrol certain workers into a pension scheme
• Make contributions on their workers’ behalf
• Register with The Pensions Regulator
  
• Provide workers with certain information about the changes and how they will affect
  them

The new employer duties will be introduced in stages over 4 years, starting in 2012.

Workers who need to be automatically enrolled are called ‘eligible jobholders.’ An eligible jobholder is:

• Aged between 22 and state pension age
• Working, or ordinarily working, in the UK
• Earning above a certain amount (currently proposed to be £7,475)

Employers with an automatic enrolment duty will need to choose a pension scheme they can use for automatic enrolment. Information from the regulator will be available to help inform this decision later in the year

Employers might use an existing scheme or set up a new one with a pension provider.

In addition, there is the National Employment Savings Trust (NEST).