If you employ at least one member of staff, your responsibilities as an employer are changing. If you do not already have one in place, in the next few years you will need to begin providing a workplace pension scheme for your staff, and start contributing towards it. If you currently have a workplace pension scheme, you need to ensure it meets the automatic enrolment criteria.
Setting up automatic enrolment for your employees is a legal duty, and there are fines and penalties for non-compliance.
We understand that setting up a workplace pension scheme will be new to many of our clients. With this in mind, we have made available a wide range of services which can take care of your new responsibilities, including:
- Setting up a pension scheme.
- Becoming your ‘point of contact’ to deal with all correspondence regarding automatic enrolment.
- Checking eligibility of staff and enrolling them in your pension scheme.
- Calculating contributions made by staff and by you as an employer.
You will have to begin enrolling staff in a pension scheme on your ‘staging date’. We can help you find out your staging date. This date is important. It may mean you need to start acting to set up a scheme now.
It is vitally important as an employer that you act quickly. There are a number of steps you will need to take before your staging date, and you should have a plan of action to ensure compliance at least twelve months before this date.
With our range of automatic enrolment services, we can make the transition to workplace pension schemes as easy and painless as possible. By taking on the management and administration associated with workplace pensions, we make sure you are free to concentrate on your business.
Contact us for a free ‘Automatic Pension Enrolment Guide’ and to see how we can help you prepare for automatic enrolment.