We’ve spent considerable time over the last couple of years to understand what auto-enrolment is so you don’t have to. For starters, it is a UK government initiative that required all employers, irrespective of size, to automatically enrol all employees into a workplace pension scheme.

It seems daunting at first, but once a few key decisions have been agreed, we can take over the entire process at a cost-effective price.

What is auto-enrolment?

Auto-enrolment was introduced by the government to help people save more for their retirement. It affects all businesses that employ at least one person who isn’t a company director. Failure to comply, could result in a business being fined up to £2,500 per day, so it pays to plan now.

What this means?

It means all eligible employees, between the ages of 22 and State pension age, will be enrolled into a pension scheme. Following enrolment, they can choose to opt-out of the scheme. As an employer, you will contribute toward employees’ pension plans. Employees may also have to contribute depending on whether your payments alone meet minimum levels specified by the Pensions Regulator.

Please note, employees that are not eligible can also volunteer to enrol in the scheme, and may be entitled to employer contributions.

Contribution costs

Your staging date Minimum employer contribution Minimum total contribution
Before 5th April 2018 1% 2%
6th April 2018 - 5th April 2019 2% 5%
6th April 2019 onwards 3% 8%

What you need to do

You will be given a staging date. Six months before this you must:

  1. Check which workers need to be automatically enrolled
  2. Choose a pension scheme
  3. Ensure your payroll system supports automatic enrolment
  4. Educate your workers about automatic enrolment

What we can do

Confirm staging date and timescales
Set up the scheme with your chosen pension provider
Confirm contributions basis – Qualifying Earnings
Confirm default postponement waiting period of 3 months
Default investment fund based on expected retirement date
Register with Pensions Regulator
Data capture
Initial statutory communications to inform employees
On-going payroll/AE support

Payroll processing

Worker assessment for auto-enrolment

Payroll reports and payslips for

Produce pension reports and submit to
 pension provider

Produce letters for employees to meet
 statutory obligations

Maintain a trail of letters/communications

Auto enrolment ongoing compliance

Next steps

Tell us who our primary contact will be within your company
Confirm how contributions will be paid
Confirm payroll cut-off dates
Let us know if you need on-going support from us

Let’s get started

Find out what we can do
or arrange a callback for a time that suits you. We'll respond within 1 business day.
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