The big question is: How much help do you need? Do you need a complete end-to-end solution or just help with the administration burden? Whatever you require, we can help.
Why will you need help? Three reasons: Time, capability and risk.
Auto-enrolment responsibilities and the management of a workplace pension are time-consuming and could seriously stretch your HR and payroll resources.
Auto-enrolment duties are complex. It’s likely you’ll need to embark on a steep learning curve or employ extra staff.
Auto-enrolment is strictly regulated and time-critical. You’ll be expected to ensure proper governance of your scheme. And missed deadlines could attract fines.
The important thing to realise is that we can effectively and efficiently deal with the issues – and risks – on your behalf.
That could include the provision of a fully realised model for your company, sourcing and implementing your qualifying workplace pension, a communications strategy for staff, data audits and data liaison with scheme providers and the regulatory body. And we can provide on-going support, of course.
Our cost-effective solution is designed to greatly simplify the processes of assessment, compliance, communication and reporting. In short, we’ll assume your auto-enrolment responsibilities and administration so that you can get on with business as usual.
The value of Investments can go down as well as up and your company may get back less than it originally invested. Legislation and tax rules may be subject to change and your company’s circumstances may also impact on tax treatment. The FCA does not regulate some aspects of Auto-Enrolment.