WORK PLACE PENSIONS – AUTO ENROLMENT – NEST (NATIONAL EMPLOYMENT SAVINGS TRUST)
Auto Enrolment or NEST as it is sometimes referred will present a huge challenge for businesses. It is important that you plan ahead, well in advance of your Auto Enrolment Staging Dates.
At The Pension House Co Ltd we are Pension Specialist advisers who can help you understand your duties for Auto Enrolment, the impact on your business and help you implement the changes necessary. Here is a list of the things you will need to do for Auto Enrolment. You can instruct us to help you with any part or parts of the process or the complete implementation. We have broken our services down so that you can select help with auto enrolment where you feel you need it, thus keeping your costs to a minimum.
Assessment for Auto Enrolment
Implementation of Auto Enrolment
Run the Scheme – Ongoing Compliance
As you can see there is a lot to think about, which is why we have grouped the requirements into key areas.
You don’t have to wade through the compliance procedures on your own, but if you’d like to, here is a good place to start: http://www.thepensionsregulator.gov.uk/automatic-enrolment.aspx
Alternatively we are pension specialists – pensions are what we do and we are here to give you guidance and all the support you need.
Our costs will be in accordance with the size of your workforce and the amount of work you wish us to undertake. Our first consultation is free where we can determine what your requirements are and what help you will need from us. We can then give you a clear indication of the costs involved.
A GOOD REASON NOT TO DELAY: The staging date for employers is being phased in with the largest employer’s auto enrolling first. The staging dates peak from the end of 2016 to the beginning of 2018 when the micro-employers (those with fewer than ten employees) reach their staging dates and the number of employers affected per month hits a staggering 135,000 at the end of the summer of 2017! (Source TPR September 2012). There will be a huge demand for advice at that time so if you think you will need help with Auto Enrolment then please contact us now, your staging date is a DEADLINE not a target date to work to, you can choose to start the process earlier and get it out of the way – you are in control, you do have a choice.