4 April 2015
B&CE Updates Online Auto-Enrolment Hub
B&CE has re-launched its online hub which helps employers in the construction industry to comply with their workplace pension duties. The latest version provides information as well as a quick and easy sign-up portal for joining B&CE’s multi award-winning scheme, The People’s Pension.
The hub, which was originally launched in 2014, has been updated so it is more intuitive and easier to find key information. The People’s Pension is ideal for contractors as it provides an all-round workplace pension solution that allows them to meet their obligations, whilst keeping the focus on their business and without having to get involved with all aspects of running a pension.
By law, any employer with one or more employees has to provide a suitable workplace pension, enrol certain employees into it and make contributions on their behalf. This is called ‘auto-enrolment’ as employees don’t need to do anything to be enrolled, but employers do have to take steps to ensure they are.
The date when auto-enrolment is ‘switched on’ for a business is known as the ‘staging date’ and The Pensions Regulator’s website sets out when the staging date for a UK employer will be based on their PAYE code. In advance of their staging date, employers need to select a pension scheme so that they are prepared.
For more information, see the updated auto-enrolment hub on the B&CE website.