The Pensions Management Institute (PMI) will discuss how employers can tackle the challenges of pensions auto-re-enrolment at Employee Benefits Live 2015.
The session, taking place on 22 September 2015, will also cover the impact of auto-enrolment three years on, the effect of the government’s latest exemptions, how employers can prepare for re-enrolment and strategies they can utilise to avoid non-compliance.
Tim Middleton (pictured), technical consultant at the PMI, will speak alongside Karen Wake, senior manager, pensions strategy at Lloyds Banking Group.
Middleton says: “Auto-re-enrolment is really the last aspect of auto-enrolment that employers haven’t done yet, and there are subtle differences between auto-enrolment and auto-re-enrolment.”
Middleton also recommends that employers carefully review the technical aspects of re-auto-enrolment.
He says: “The communication needs to be done really well so people understand why it is important. Employers therefore need to identify people correctly and go over the technical aspects.”
Middleton explains that employers need to ensure that they choose the correct auto-re-enrolment date, which needs to be three months either side of their original auto-enrolment date.
He adds: “Employers need to do the right preparation and try to anticipate how employees might react to being auto-re-enrolled.”
Employee Benefits Live 2015 will take place on 21-22 September at Olympia National, London.