A new support group in Swindon to help businesses get to grips with compulsory workplace pensions has hit the ground running.
And at the second meeting of the Swindon branch of Friends of Automatic Enrolment, planned for June 16, the Pensions Regulator will talk about the latest developments surrounding workplace pensions.
Rebecca Woodley, industry relations manager with the Pensions Regulator, will focus on what’s happened so far with automatic enrolment (AE) and will explain recent changes to the regulations which came into force in April. The talk will also look at how professionals can help employers search for a pension scheme and ensure they do not leave it until the last minute.
Group founder Nicki Goddard-Dady, Payroll Manager at Banks BHG chartered accountants – which is hosting the Friends’ meetings – said she is taking calls every day from professionals and employers who want to know more about automatic enrolment.
“Auto enrolment is complicated and very involved,” said Nicki. “That’s one of the reasons why I set up the Swindon Friends of AE, so people can come together and learn more about it.
“There are still employers out there who think it won’t affect them, but it does. And there are professionals in areas such as payroll and financial advice who will be helping their clients bring in AE but who don’t know enough yet themselves.”
Nicki and her fellow payroll manager Anne Bluh are already helping companies which have reached their staging dates for automatic enrolment, as Banks BHG offers a full payroll and AE service. From this year a huge wave of smaller firms will be pulled in, with a spike at the end of 2016 and into 2017.
The group, which is free to attend, is affiliated to a national organisation – the Friends of Automatic Enrolment – which was launched by the Chartered Institute of Payroll Professionals.
Nicki said: “At our first meeting, many attending were with payroll bureaus, in HR or were independent financial advisers. The group is also open to employers, and we’d like to see more signing up to come along.”
For more information, and to book to attend, visit www.banksbhg.com/events