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NAPF publishes employer guides to pensions auto-enrolment

The National Association of Pension Funds has launched guidance to help employers implement auto-enrolment.

The NAPF is launching a series of leaflets and the first one, New rules for pension saving made simple, is designed to equip employers with what they need to know to help their organisations implement auto-enrolment.

The first leaflets in the series highlight what auto-enrolment is and what employers will need to do; when organisations need to start enrolling staff into a pension; how to choose a pension scheme to automatically enrol staff into; how to enrol employees into a pension scheme; and how to manage the costs of auto-enrolment.

NAPF chief executive Joanne Segars said: "Auto-enrolment is a once in a generation opportunity that will help millions save for old age. But it is a massive reform, which requires a lot of preparation by employers.

"Employers need to make important decisions on how to implement the new rules and what type of schemes they will use, including how they will set up the payroll.

"HR professionals are pivotal to ensuring successful implementation. These leaflets are designed with them in mind. They provide an easy-to-understand toolkit that sets out what needs to be done and when it needs to be done by."

The New rules for pension saving made simple series is being sponsored by employee benefits provider JLT.

From October 2012, employers will have to auto-enrol many of their staff into a pension scheme.

The DWP estimates that auto-enrolment is likely to bring between 5 and 8 million workers into pension saving.

The leaflets are downloadable from the NAPF website: www.napf.co.uk