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The Chartered Institute of Personnel and Development has joined forces with KPMG to launch an online guide to auto-enrolment. The guide is the first in a series of online tools designed to provide up-to-date pensions advice for HR professionals and employers. In its role as the CIPD’s exclusive online knowledge partner for pensions, KPMG will provide comprehensive online content designed to guide organisations through the changes to workplace pensions. A jargon buster is also being launched to help employers get to grips with the terminology used around pensions. In coming weeks the website will also feature a section on the pensions environment, designed to keep professionals up-to-date with the latest legal, regulatory and compliance developments in the UK. A design section will provide insight for organisations on how to craft a pensions strategy that supports company objectives, and the implementation section will explain how to go about successfully introducing pension change. KPMG director Andy Seed explained: “The policy intention behind auto-enrolment is clear and laudable; it’s designed to encourage non-savers to save. The principles are clear, but the onus of delivery sits with employers who have more than 700 pages of regulation and guidance to deal with. “Key challenges surrounding successful implementation include HR policy decisions, business process changes, systems changes and employee communications, to name but a few. “Employers face the twin challenge of meeting the technical requirements and embedding them operationally. We are therefore delighted to be working in partnership with the CIPD to assist HR professionals through the maze of requirements.” Other Business Money News
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