Are you ready for Auto Enrolment?
Auto enrolment is a requirement for all employers to automatically enrol their eligible employees into a pension scheme. The pension schemes used must meet new standards, including employer contributions for qualifying employees.
Employers will need to undertake new processes each pay period, including assessment of the workforce, auto enrolling those eligible, facilitating opt-ins and opt-outs, mandatory communications and record keeping.
The new duties are therefore wide-ranging and, as well as pensions, will impact on finance, HR and payroll.
Even if your business already has a pension scheme in place, it must meet the new criteria set out by the government.
HOW CAN WE HELP / WHAT CAN WE DO
We have a comprehensive menu of services that can be tailored to meet your business objectives and ensure good member outcomes.
By selecting an appropriate service, you can be assured we will:
- Meet all duties and requirements
- Control costs
- Offer/ provide value for money and quality procurement
- Help you to develop and grow as a business
- Assist with attracting and retaining staff
Employers began auto enrolment gradually over a 4 year period starting with the largest firms first from 1st October 2012 to 1st October 2016.
Each firms staging date is based on HMRC information on the 1st of April 2012 Even if information has changed since, staging dates will not.
For any further details about how we can start to help you manage this obligatory process please contact us.
We believe the following reasons help to explain why our clients choose to work with us rather than our competitors.
We are proud that the vast majority of our business comes from recommendations by existing clients and professional connections.
We invest time in establishing strong client relationships built on trust, integrity and value. Whenever you need us we are always available.
TRULY INDEPENDENT ADVICE
We are not tied to any investment companies or product providers, and so we are able to remain completely objective and impartial in determining the most appropriate solution for you.
FLEXIBLE FEE STRUCTURE
Our costs can be collected by way of a fee or commission or a combination of the two and the decision is left completely up to you.