It is important to remember that you are setting up more than just a quick fix on your staging date. You are establishing:
There are important preparation milestone leading up to your staging date and duties thereafter. All are summarised in our AE timeline document. Just click the button below to view or download it.
Most employers will want to automate the automatic enrolment process. This involves sharing information between up to 4 different IT resources:
Comply or Embrace?
How you build your plan will depend on the objectives you set at the outset. It is important to consider whether:
This will form the foundation of your project plan. There are currently more than a dozen pension providers offering arrangements for small employers. Some offer auto enrolment support within the price and some don't. And there are significant differences in charges, features and services. If you want to embrace this opportunity, you'll want to start by choosing the pension scheme that best suits you and your staff, and then select the support and software that best interfaces with your chosen pension scheme.
We can help, whatever you decide. Click on Services for Employers to find out how.