Auto-enrolment Pensions
Auto Enrolment Pension
Auto Enrolment is a UK government initiative that requires employers to automatically enrol eligible employees into a workplace pension scheme and make regular contributions towards their retirement savings. This scheme ensures that workers are better prepared for the future by building a pension pot throughout their career.
Under auto enrolment, both the employer and the employee contribute a percentage of the employee’s earnings into the pension plan, with additional tax relief provided by the government. Employers must also ensure they meet ongoing compliance duties, such as re-enrolment and record keeping.
Our Services Include:
Assessing your workforce for auto enrolment eligibility
Setting up and managing pension schemes
Ensuring compliance with The Pensions Regulator
Handling ongoing contributions and employee communications
Managing re-enrolment every three years