ACS Assessor Guide - Security Industry Authority

ACS Assessor GuideSection 4 – Criterion Specific Guidelines: Criteria 66.3 An SIA Approved Contractor can demonstrate that its people are provided with appropriate benefits and welfare arrangements.6.3.2 A pensions policy exists which is implemented and communicated.Clarification:The ACS Standard requires organisations to take some responsibility for ensuring theiremployees are aware of the risks of not providing for their retirement. Recent pensionsreform means that companies are no longer required to provide a stakeholderpension scheme. However organisations should be able to demonstrate that theyare aware of, preparing for and communicating with their staff about autoenrolment.Further information on the statutory requirements relating to the provision of pensionsincluding auto-enrolment can be found at www.gov.uk/workplacepensionsThe Pensions Advisory Service www.pensionsadvisoryservice.org.uk/ or the regulatorwww.thepensionsregulator.gov.uk both provide free and impartial advice, including lotsof information about auto-enrolment.Linkages with other Indicators:2.4.4 All procedures are regularly reviewed.7.1.1 Leaders can demonstrate, relevant to sector, knowledge of the legislative framework,common law, working practice, and industry standards/codes of practice.7.3.1 Leaders have developed a set of high values or codes of ethics that are implementedthroughout the organisation.9.3.1 The regular review of performance against key employee performance indicators.9.4.1 The regular review of performance against responses from employee opiniongathering.Good practice: Some organisations invite a financial or pensions advisor to offer help to staff. Annual reminders sent out with wage slips can be a useful reminder for staff to reconsidertheir pension provision. Contributory pension schemes can encourage staff to join the company scheme.153The contents of this publication are copyright ©2013 Security Industry Authority, all rights reserved. No part of the contents may be reproduced or transmitted in any form, by any means without prior written permission of the copyright owner.