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
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.
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 firstname.lastname@example.org
A SAMPLE OF OUR PARTNERS…
My wife and I are now both retired and have relied on Wealthcare for guidance and advice on pensions, our investments and on a wide range of financial issues. We have never been failed and the advice has always been prompt, reliable, professional and, equally as important, explained in non financial jargon thereby making understanding so much simpler.Mr & Mrs Franks - Individual Clients
Both myself and my business partner Andrew have used Wealthcare for a number of years now and cannot recommend them highly enough. They've arranged plans which protect us in several areas including life insurance, critical injury and key man cover, Stephen also organised for a shareholders' agreement to be put in place for extra peace of mind.Sizzle Creative Agency Limited
It wasn’t hard to choose Wealthcare from the list of brokers eager to win our business. From the very start, they sought to understand our company’s particular needs and (importantly) how I choose to work. They listen and deliver. Available to discuss any query, they are friendly, easy to communicate with, responsive, and always looking to go the extra mile to meet our expectations. How could I do anything other than heartily recommend this excellent organisation.Timpson Limited
The Healthcare team have been a pleasure to deal with as they have made the process of sorting out and managing our PMI straightforward and simple. The Claims and Admin staff are very knowledgeable and will always go the extra mile.Hodgsons Chartered Accountants
Both Michelle and Rachael have been fantastic. Thank you from the bottom of my heart. I will always recommend you and your company, you have been nothing but supportive, professional, diligent and great fun.David Smith, Smith and Jones Management