Pension Enrolment

We are also able to offer assistance with Pension Auto Enrolment, which is now mandatory for all employees. Our expert staff will take you through the whole setup process from start to finish, and will deal with the ongoing pension administration on a monthly basis, to ensure Pension Enrolment related headaches are kept to a minimum.

Failure to comply could result in The Pension Regulator (TPR) issuing you a penalty notice which would be £400, with an escalating penalty notice of £50 to £10,000 per day, depending on the number of staff.

Our services ensure that an auto pension enrolment is set up, fully compliant with the law and managed on a monthly basis.

Set Up Services

• Registering a point of contact with TPR
• Setting up a qualifying pension scheme
• Communicating the changes with your employees in writing
• Assessing all staff to see what scheme they are to be enrolled in
• Working out the costs to your business to help you budget for them
• Automatically enrolling all eligible job holders (giving them the ability to opt out)
• Registering with the TPR and keeping records

Set Up Services

• Evaluating existing staff and new staff joining and their eligibility
• Dealing with the complications of variable payments from commission, wages, bonuses etc.
• Sending letters to new staff concerning the scheme
• Setting up payments to the pension companies to take the monies
• Matching deductions to the direct debits taken by the pension companies
• Stopping pension payment direct debits when staff leave

This is a big burden on employers. We have done a lot of research and training to help our clients. If you have not yet had to set up a pension scheme, or are struggling with it, we can support and manage you through this process.