Pensions auto-enrolment begins

Employers with 50 or more employees now have to enrol eligible employees automatically, and make mandatory employer contributions into 'NEST'.

In what may prove to be one of the biggest challenges of the year for larger employers, starting from 1 October 2012, employers with 50 or more employees have to enrol eligible employees automatically, and make mandatory employer contributions, into a qualifying workplace pension scheme or the National Employment Savings Trust (Nest).

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