Auto enrolment
Auto Enrolment can be difficult, we can take away most of the pain, for hassle free compliant staging and ongoing administration.
With the introduction of Pension Reform there is now a requirement for every employer to offer a workplace pension. The rules around Auto Enrolment mean that there is greater onus on employers to act in compliance with The Pensions Regulator. As a Micro or SME employer, you will need to undertake a number of processes to ensure that you are complying with the legal requirements and supporting your staff effectively.
Workie’ – The Pensions Monster
If you employ at least one person, you have new duties to help them save for retirement. A new pensions law has been rolled out to all employers, starting with the biggest ones first. Small and micro employers will need to undertake automatic enrolment.
We already run a busy payroll bureau for clients who have reached their staging date. As well as our standard pre-auto-enrolment payroll services, we also offer fully integrated post auto-enrolment payroll services and administration.
Auto-enrolment has had a major impact on payroll administration and we would strongly recommend you review your payroll requirements. Especially, as the HMRC basic tools has no solution for dealing with auto enrolment. Now may be the time to outsource these additional costs and complications and move your payroll service to an auto-enrolment and payroll specialist.
Because we are payroll and auto-enrolment specialists, we understand how a pension scheme needs to integrate with payroll administration. We keep up to date with pension’s legislation and have an in-depth understanding of all things auto-enrolment, which means we can help you with any ongoing auto-enrolment queries you may have. (Although we are not allowed to advise you on which pension provider to use, as we are not financial advisors). This all helps us to provide an exemplary payroll and auto-enrolment support service, over and above your usual payroll bureau’s capabilities.
If you decide that you need help with your payroll, we will be well placed to continue your FastTrack or Bespoke service through to payroll and ongoing auto-enrolment administration, ensuring a true ‘joined up’ solution. We start by transferring your payroll onto our specialist auto-enrolment software. Then we’ll configure your pension scheme design and ensure full data integration with your chosen pension provider. At your auto-enrolment date we will provide all statutory communications to your employees, carry out employee assessments and manage opt-outs, contribution refunds and opt-ins for you.
But auto-enrolment doesn’t stop at your staging date, it’s a continuous process of assessments and communications every pay period. After your auto-enrolment date our payroll bureau will continue to manage your ongoing auto-enrolment administration for new and existing employees:
If you currently run your payroll in-house, now’s the time to consider outsourcing it to an experienced bureau to ‘de-risk’ your auto-enrolment compliance. We need two to three months’ notice to take on an outsourced payroll prior to your staging date. However, if you have left things until the last minute and we have capacity to help you, we will always try our best!
PENSION PROVIDERS OUTPUT FILES CURRENTLY INCLUDE:
PENSION PROVIDERS OUTPUT FILES CURRENTLY INCLUDE:
Please contact us for a personal Quotation which could be less you think