We help companies to comply with auto enrolment by assisting them with both the set up and the management of a workplace pension.
Auto enrolment is the pension legislation which requires employers to provide a workplace pension scheme and pay employee contributions. Every company is allocated a staging date; which is the date that they need to have entered their employees onto a workplace pension scheme by.
Employers face multiple duties when setting up a workplace pension scheme, including providing a qualifying pension scheme and ensuring that mandatory communications are sent out to employees.
Failure to set up a workplace pension scheme and comply with the required duties by the allocated staging date can see businesses face fines from £50 per day.
Here at KDW, our team of advisers are experienced in setting up auto enrolment schemes for small, medium and large businesses as well as accountants and payroll providers.
We offer a free initial consultation, which gives us the opportunity to learn about your company, its people and processes and for you to find more about us and how we work.
How Can KDW help with your workplace pension?
We approach auto enrolment in three simple steps:
1. Pension Scheme Advice
After undertaking a thorough review of the clients’ business, its people and existing payroll we help to select a compliant pension scheme. A scheme that is economical and that will effectively meet the requirements of the business and its employees.
We are able to offer advice on all aspects of auto enrolment, including contribution levels and eligibility criteria.
2. Set-up and Implementation
We work with our clients assisting with the implementation of the chosen scheme, providing advice and support throughout the process. Also we can provide personalised employee communications, so that our clients’ employees are fully aware of the forthcoming changes.
3. On-going Support
Once the chosen auto enrolment scheme is in place, we continue to provide the employer with support; ensuring that they remain compliant with auto enrolment legislation. We also assist them with providing the Pension Regulator with the certification of the workplace pension scheme.
As Independent Financial Planners we are fully qualified to advise our clients and their employees on their personal pension and assist with individual retirement planning.
Make an enquiry today
For more information on any of our services, please use the short form below and one of our representatives will be in touch ASAP.
01727 85 22 firstname.lastname@example.org