It's vital that organisations realise that auto-enrolment is not just a concern for pension managers
London (PRWEB UK) 7 December 2011
Aon Hewitt, the global human resource consulting and outsourcing business of Aon Corporation has released its guide to auto-enrolment for pension schemes. "Auto-enrolment - a practical guide" gives an overview of the changes which take place from October 2012 and offers advice on what schemes need to be doing.
John Foster, benefits consultant at Aon Hewitt, said:
"The Chancellor has announced that there will be more time for smaller employers to comply with the New Employer Duties. However, for the UK’s largest employees, there is no time to waste. With employers who have more than 3000 employees having to comply by mid 2013, and increasing numbers having to follow suit at each successive month, the scale of the challenge facing the UK's businesses is becoming more apparent.
"It's vital that organisations realise that auto-enrolment is not just a concern for pension managers – the changes that need to be made encompass wider benefits, payroll, systems, HR and many other areas. The project planning required means that organisations need to start now – if they haven't already – to ensure that they are ready by their deadline. We hope that our guide to the changes will help everyone with the task ahead."
Copies of "Auto-enrolment – a practical guide" are available via Enquiries(at)aonhewitt(dot)com
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About Aon Hewitt
Aon Hewitt is the global leader in human capital consulting and outsourcing solutions. The company partners with organisations to solve their most complex benefits, talent and related financial challenges, and improve business performance. Aon Hewitt designs, implements, communicates and administers a wide range of human capital, retirement, investment management, health care, employee benefits, compensation and talent management strategies. With more than 29,000 professionals in 90 countries, Aon Hewitt makes the world a better place to work for clients and their employees. For more information on Aon Hewitt, please visit http://www.aonhewitt.com.
Aon Corporation is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 61,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit http://www.aon.com for more information on Aon and http://www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.
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