Employee Benefits/JLT Employee Benefit Solutions pensions roundtable discussion 2011

sponsoredcoverDownload a PDF of the Employee Benefits/JLT Pensions Auto-enrolment roundtable discussion

View 10 minute video of auto-enrolment discussion

Addressing the pensions crisis

Factoring in costs of auto-enrolment

Robust processes

No mixed messages

Don’t be casual about workers’ pensions

Sponsor’s comment: Improving auto-enrolment outcomes

Editor’s comment

One of the biggest changes to affect the reward packages of the majority of employees is due to start coming into effect from October 2012. Over the subsequent four years every employee in the UK will be automatically enrolled into a workplace pension.

Some may then decide to opt out, but most will stay in. While this is to be applauded, it could have major cost implications for many employers while the new system beds down.

To delve into the implications of auto-enrolment, we gathered together benefits and HR managers from a range of sectors along with experts from leading pensions and HR bodies at the Employee Benefits/JLT Benefit Solutions Roundtable to discuss the challenging issue of auto-enrolment.

During the two-hour discussion our panel of nine experts (pictured below) came up with new and intriguing insights into how leading employers are preparing for auto-enrolment, as well as the challenges they are currently trying to tackle. Some still had unanswered questions to deal with in getting to grips with the finer details of the legislation, while others had implemented auto-enrolment already.

However, the discussion threw up much useful advice, along with tips and guidance for all employers preparing for the introduction of auto-enrolment.

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We also filmed part of the discussion and you can view the short video online here.

Debi O’Donovan, Editor