Simple and cost effective
We understand that your time as professionals in the property sector is dedicated to creating and managing the physical world we live in, not on having to deal with the complexities of the workplace pension.
That is where we can help.
We can remove this administrative burden from your Practice, simply and cost effectively – so you can concentrate on what you are professionally qualified to do.
Choice of pension scheme?
The government does not provide you with one scheme to enrol your employees into – this would be far too sensible. Instead, you have a choice of 90+ privately run pension schemes to consider.
Each pension provider has their limitations and so advice should be sought before engaging with any one of them. We are independent at House of Pensions, so we’re well-placed to advise on the right scheme for you and your employees. Remember, keeping things cost-effective and simple is always at the forefront of mind and forms the core of our advice.
Call us:
You can call straight through to one of our consultants on the number below:
0333 011 22 00
Request a callback:
If you prefer, we can call you back on a number that’s convenient for you.
Arrange a Call Back33 new mandatory responsibilities for employers:
With auto-enrolment comes 33 new mandatory responsibilities for employers. Here are just a few.
You must:
| 1. | Nominate an official point of contact |
| 2. | Be aware of your Staging Date |
| 3. | Decide whether to adopt postponement of initial staging date |
| 6. | Comply with postponement communications – advance communications on top of those required at the time of auto enrolment |
| 8. | Classify workers into four categories (eligible, non-eligible, entitled and other) |
| 10. | Choose a pension provider (or providers) |
| 11. | Provide designated communications to non-eligible jobholders within prescribed time limits |
| 13. | Auto-enrol eligible employees |
| 14. | Deduct contributions from pay as appropriate |
| 16. | Have a process for opt outs |
| 17. | Keeping auditable records |
| 18. | Report to ‘The Pensions Regulator’ |
| 21. | Re-enrol opted out employees every 3 years |
| 22. | Accept applications from non-eligible employees opting in |
| 31. | Submit Declaration of Compliance with The Pensions Regulator |
| 33. | Re-assess workers at each payroll and repeat the above |
Common Questions:
Who do I need to include for auto enrolment?
You need to include everyone on your payroll.
We will assess each of them against government criteria.
I have employees that don't want to join the scheme?
It doesn’t matter if you have an employee in semi-retirement or working as an apprentice – everyone has to be assessed. If they are eligible to be enrolled, they will have to officially opt-out once they have been enrolled. To find out more call us on 0330 011 22 00.
I’ve been advised to use NEST as my pension scheme – should I be looking elsewhere?
Yes – there are over 90 schemes on the market to choose from, each one with its limitations. NEST is one of the worst value and least flexible schemes on the market. Moreover, NEST is only a semi-automated solution which means, as an employer, you will have time-consuming duties to fulfill on a weekly or monthly basis.
If I enlist your services, do you do everything for me?
Yes – apart from telling us who has joined or left your company, you do not need to be actively involved in the weekly/monthly duties. You can leave it up to us and your payroll. We do, of course, keep you updated throughout the process.
How much will your services cost?
Considering we do everything for you, we are the most cost effective consultancy in the market. Our fees are cheaper than if you were to go some pension schemes direct. If you give us a call, we will give you a quote on the spot.
houseofpensions | The Home of Workplace Pensions.