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The Pensions Regulator has published a checklist that provides trustees with an overview of what they might need to do to ensure their scheme is ready to be used for automatic enrolment. From next year, the UK's largest employers will have to enrol all eligible jobholders into a pension scheme, with medium and small employers following in 2013 and beyond. Eventually, automatic enrolment will affect all UK employers. Whilst the new duties predominately apply to employers, trustees will have a role to play. The checklist for trustees follows the regulator's educational materials aimed at larger employers and their advisers, which includes detailed guidance, a five-page summary of the new duties and an action checklist. The trustee checklist, and further information on workplace pensions reform is available on the regulator's website. |
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