You may be aware that there has been a major change in UK pension provision known as “Auto Enrolment”. To date, the changes have only applied to larger companies but with effect from March 2014, the requirement for businesses to automatically enrol their employees in a pension scheme will start to impact those businesses with less than 250 employees. HBF has agreed to work with the Pensions Regulator to make members aware of their obligations by making available a series of seven articles entitled “Main Steps to Auto Enrolment” These articles, together with an index of the key items covered in each of the seven articles are available from the HBF web site. We have also attached to this e-mail a brief note from the Pensions Regulator which is intended as a call to action. As further information or guidance becomes available from the regulator we will make members aware and update our web site.
