No matter how many employees you have, Auto Enrolment places significant responsibilities on the employer to enrol many of their employees into a workplace pension scheme and pay pension contributions.
New research published in December 2018 by The Pensions Regulator highlights the importance of all employers knowing how workplace pensions law applies to them and acting in a timely manner to tell the regulator how they have complied with their legal duties.
- 6,794 compliance notices, 6,421 unpaid contributions notices, 5,758 fixed penalty notices and 2,689 escalating penalty notices were issued between October 2018 and December 2018
At Wealthcare we understand that pension legislation can be daunting, confusing and complex. Our message to you is to ensure you leave enough time and be clear about what you need to do to comply. The earlier you start to prepare, the smoother the transition will be. Auto Enrolment is your legal duty and if you don’t act you could be fined.
You need to be aware that there is a severe shortage of suitable solutions to meet the needs of small businesses. There is also a limit on the amount of independent financial adviser resource available. Being prepared early will avoid the predicted capacity crunch.
We’re here to help
You don’t have to spend hours trying to research and understand the complexities of Auto Enrolment; there are hundreds of pages of advice from The Pensions Regulator alone!
At Wealthcare we offer a number of services to ensure both you and your employees get the best out of Auto Enrolment. Crucially, we take all of the onerous compliance responsibilities away from you. There is no need for you to become pension experts and there are no complicated decisions that you need to make. We take care of all the complexities, so that you can concentrate on what matters to you the most….. your business!
“Auto Enrolment on a Plate” is our solution and you can find out more by clicking the ‘Our Solution’ tab at the top of this page.
Our solution – Auto Enrolment on a Plate
Our Corporate Benefits Specialists have researched, designed and implemented a unique Auto Enrolment solution – Our Set Menu, with pre-set features to suit the majority of small businesses.
Our Set Menu is compliant and cost effective. It has been designed to remove the need for you to make any decisions about the complex detail of an Auto Enrolment Scheme. Importantly, we assist you every step of the way. This solution is suitable for employers with straightforward circumstances who want a straightforward solution.
Bespoke ‘A la Carte’ – We recognise that some employers will need a more personal approach. Our specialists can assist if you have complex circumstances or would prefer to design a Bespoke ‘A la Carte’ solution. This would include employers who:
- Have an existing scheme for some or all of their employees
- Are close to, or have passed their staging date
- Have complex needs for some other reason
Important note:
The Pensions Regulator issues a Master Trust Assurance ‘kite mark’, which sets standards on scheme governance and administration. We only recommend master trust providers that have this quality assurance accreditation.
What’s cooking?
To see ‘what’s cooking’ in our kitchen please click here to read our Menu of Services brochure and here for our Employer’s Guide to Auto Enrolment. Our Menu of Services includes the ins and outs of our simplified 5 step process, our charges and our scheme specification.
What happens next?
To reserve your place with us now and avoid the capacity crunch, please click the ‘Apply Now’ tab at the top of this page.
What happens next?
To reserve your place with us now and avoid the capacity crunch, please CLICK HERE to complete our Booking Form. (Please note, there is nothing to pay until your staging date).
We would welcome the opportunity to discuss the options with you in more detail. If you would like to know more please call us on 0161 348 7100 or email autoenrolment@wealthcare.co.uk
A SAMPLE OF OUR PARTNERS…
