Capita Hartshead is working with the Sheffield Institute of Directors (IoD) to help local businesses get to grips with pensions auto-enrolment. Their first joint training session will be held on 14 September at the London Club, 33 Surrey Street, Sheffield. Places can be booked online at www.iod.com/yorkshire/events.
Phil Daniels, Account Director, said: “Starting from next year, businesses will be required to automatically enrol their staff into a suitable pension arrangement and pay contributions towards their staff’s pension savings. However, we have found that many employers, especially in small and medium sized enterprises, are largely unaware of this requirement and the impact it will have on their business. Others know that auto-enrolment is just over the horizon and may even have heard of NEST (the National Employment Savings Trust), but are yet to make any preparations for it. Our aim is to get them to a stage where they can start making plans with confidence.”
The Capita Hartshead/IoD auto-enrolment ‘taster’ session will cover all the basics, making sure employers know how to work out when auto-enrolment will kick in for their business, what their responsibilities are and which employees are covered by the requirements. It will also look at compulsory contributions – how much the employer and employee must pay and how these contributions will be phased in. Finally, it will introduce attendees to the various pension arrangements which are suitable for auto-enrolment, comparing NEST with the trust-based and contract-based alternatives. The session is open to both IoD members and non-members.
Capita Hartshead will use feedback from this initial session to develop a more detailed auto-enrolment training programme to be delivered in conjunction with local IoD branches around the UK.
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