Have any of your clients got an August deadline to complete their declaration of compliance? Make sure you’ve agreed who’s doing what, especially during the holiday season when many people are away. If your client's declaration of compliance deadline is 31 August, you can help them to avoid a fine by ensuring that it’s completed on time.
And don’t forget Monday 29 is a Bank Holiday...
Find out more about how to complete a declaration on behalf of your client.
Stat of the month: 34%
Did you know that 34% of employers left to stage have only one employee? It’s likely they’ll be coming to you for advice, so make sure you’re ready to help them with their queries.
When do I need to complete my Declaration of Compliance?
You’ll need to do this within five months of your staging date. If your Declaration of Compliance is due in August don’t miss the deadline or you may risk a fine. You can complete it online here.
September events in Edinburgh and Nottingham
Please join us in September for one of our half day business adviser events, where you can find out about the latest regulation changes, and how you can help your clients comply with their legal duties.
Off the back of feedback from previous events we are also including information on re-enrolment, so wherever your clients are in the AE journey our experts will be able to help you support them.
We’re offering morning and afternoon sessions on 6 September in Edinburgh and 14 September in Nottingham.
Your client must re-enrol certain staff into a pension scheme that can be used for AE (if they’re not already active members of one) every three years after their staging date.
If a member of your client’s staff has previously chosen to opt out, they’ll need to formally assess them and put them in a pension scheme if they’re eligible. Once they’re in the scheme they have to ask to opt out again if they want to leave. It’s illegal to ask them if they would prefer to remain opted out before putting them back into the scheme. This could be classed as inducement. Find out more here.
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