1. Sport Governance Conference In Partnership with the Legal Panel Framework Cynhadledd Llywodraethu Chwaraeon Mewn Partneriaeth âr Fframwaith Panel Cyfreithiol LEGAL WORKSHOPS GWEITHDAI CYFREITHIOL Pensions / Auto-Enrolment and Contracts Pensiynau / Cofrestru Awtomatig a Chontractau Michael Collins (Gateley Solicitors)

3. Michael Collins 28 October 2013

4. Pensions, Auto Enrolment and Contracts

5. Pensions in 2013 State Private – personal/occupational Employers obligations Contracts of employment

6. Pensions, Auto Enrolment and Contracts

7. Auto Enrolment What is it? Staging dates: 2012 – 2018 -from 1/11/13 500+ employees -spikes in 2014 Employers obligations Who needs to be enrolled? Choice of scheme

8. Pensions, Auto Enrolment and Contracts workers jobholders -workers -ordinarily work in UK -at least 16 and under 75 -paid qualifying earnings in relevant pay reference period

9. Pensions, Auto Enrolment and Contracts Qualifying earnings: annual earnings between £5,668 and £41,450 (2013/14 tax year) earnings includes salary, commission, bonus and overtime; pro rata calculation for each pay reference period (eg monthly)

10. Pensions, Auto Enrolment and Contracts Who needs to be auto-enrolled? eligible jobholders – have to be auto-enrolled: -earnings exceed earnings trigger (£8,105 in 2013/14) -aged between 22 and SPA non-eligible jobholders – can join if they want: - earn qualifying earnings but dont meet above criteria entitled workers – can join but get no employer contributions: - not a jobholder

11. Pensions, Auto Enrolment and Contracts When must eligible jobholders be enrolled? with effect from date meet criteria if not already in qualifying scheme postponement opt-outs automatic re-enrolment every three years

12. Pensions, Auto Enrolment and Contracts Choice of scheme: existing scheme? new scheme? Eg NEST combination? must meet quality criteria: -defined benefit -defined contribution

13. Pensions, Auto Enrolment and Contracts Quality requirement – defined contribution Employer contributionTotal contribution Until 30/9/171%2% 1/10/17 to 30/9/182%5% From 1/10/183%8% Based on qualifying earnings Alternatives

14. Pensions, Auto Enrolment and Contracts Employment protection measures prohibited recruitment conduct inducements right not to suffer detriment

15. Pensions, Auto Enrolment and Contracts Enforcement: Pensions Regulator -compliance notices -penalties: fixed and escalating

16. Pensions, Auto Enrolment and Contracts Preparation identify your staging date plan well in advance assess your workforce speak to pensions consultants and payroll providers consider issues for high earners regulator guidance

17. Questions