Oliver Maynard February 22, 2016 No Comments

Free Auto Enrolment Employers Guide

Complete the form below to receive your free Auto Enrolment Employers Guide

Our free Employers guide to Auto Enrolment will let you know what your responsibilities are, whats involved with implementing a pension scheme, a timeline of what to expect and more.

Simply complete the form below to receive you’re free copy.

Your Name (required)

Business Name (required)

Business Postcode (required)

Your Email (required)

Number of Employees

Staging Date (if known)

Oliver Maynard February 18, 2016 No Comments

Our Auto Enrolment Service Proposition

Our Services for Employers

Our tiered service proposition provides you with a professional and cost effective solution to outsource your Auto Enrolment responsibilities.

Stage1: Decision

There are several things to consider before we start:

  • How much will Auto Enrolment cost?
  • What type of scheme is being used?
  • What is the Staging Date? Will the scheme start then, or before then, or is Postponement required?
  • Is there an existing scheme, and if so, will that be transferred?
  • Is there more than one PAYE reference?
  • Is more than one scheme required?
  • What contributions will the employer/ employees make?
  • Who will be generating the Auto Enrolment communications to employees?

We can talk you through these decisions to help you decide how and when you want to implement Auto Enrolment.   If you have a current scheme we can check that it meets new requirements, or if not we can advise on all the options and implications.

Our Fee for this service : £600
Find out more

Stage 2: Recommendation

Once we have all the details of your requirements we will work with you to produce an Action Plan, noting key milestones towards implementation.

We can facilitate the communications with staff, answer any questions they or you might have, and make recommendations for the appropriate carrier for your pension scheme.

We can also put protocols in place so that you meet the ongoing requirements determined by The Pension Regulator, so that you are kept up to date with changes to requirements if they happen.

Our Fee for this service : £500
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Stage 3: Implementation

Once the scheme and carrier are agreed, we can help you through the set up process, ensuring the mechanics of collection and application of pension payments are in place.

We can provide all communications with staff, full support for staff and yourself, and to arrange a ‘dry-run’ prior to implementation date to iron out any issues that may occur.

Our Fee for this service : £400
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Or: The Complete Package

If you prefer, you can opt for the complete service which provides you with all 3 Stages for a reduced overall fee.

Our Fee for this service : £1200

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Why choose us?

Put simply, we can take the pain out of meeting your Auto Enrolment duties.

Our Auto Enrolment service is extensive and you can have as little or as much support as you need. We can set you on the right course for an efficient and effective solution to ensure you meet your new statutory employer duties and avoid fines. We can also provide a solution that will help you to proactively deal with your forthcoming obligations, establish a straightforward project plan and turn what could be problematic into a manageable, efficient and undisruptive process.

Key benefits

  • Fit for purpose pension scheme that meets the requirements of Auto Enrolment. This includes reviewing your existing pension scheme (if applicable)
  • Expert guidance and assistance through the different stages of pension scheme set up (including communication/presentations to your workers)
  • Access to HR systems – to be used by you and workers
  • On-going support and management of your scheme
  • Detailed annual report of the scheme

Find Out More

Complete the form to request a call back from one of our Auto Enrolment Experts.

Alternatively call us on 01424 777994 to speak to us right away.

We are already relieving the Auto Enrolment stress for other businesses, find out how we can help you today.

Your Name (required)

Business Name (required)

Business Postcode (required)

Your Phone Number (required)

Your Email (required)

Number of Employees

Staging Date (if known)

Your message

I have read and agree to Spencer Maynard Wealth Management's Privacy Policy

Oliver Maynard February 1, 2016 No Comments

Auto Enrolment Timeline

Getting it right – the process you should follow

We recommend you start your scheme set up process at least 12 months before your staging date. This is based on feedback from many large employers who have already been through Auto Enrolment and stated that in reality they needed 12 months to go through the different stages effectively.

Of course, as part of our service we can do a lot of this legwork for you and provide you with expert guidance throughout the process.

Our Auto Enrolment packages start from just £400

Find out more

Auto Enrolment Timeline


Start process at least 12 months before staging date

Step 1
Identify your staging date
When do your employer duties start? Do you need to bring the date forward to fit in with your business calendar? We highly recommend you start the process 12 months before this date.

Step 2
Pension scheme
What’s right for one employer may not be right for another. Do you just want to meet the minimum requirements or do you want a pension scheme that is the right fit for your business? If you already have a company pension scheme, does it meet the requirements?
Are you going seek advice from an expert (like Tenet Employee Benefit Solutions) to make sure you get it right?
Bear in mind that a pension is part of your benefits package so could be used to a ract the right calibre of workers.
8 months before staging date Step 3
Assess your workforce
Not all workers are eligible for Auto Enrolment – make sure you know who is and also which group of people are eligible to opt in if they wish (see sec on entitled ‘Which workers are eligible?’).
Assess your workforce
You may need to ‘cleanse’ your data to make sure you can manage the different groups and communicate with them effectively.
6 months before staging date Stage 4
Communications Strategy
Make sure you give your workers the right information at the right time, taking into account the different groups they fall into. You should communicate with your workers thoughout the process and make sure they know their rights and what pension scheme membership will mean to them.
Stage 5
IT Systems
How are you going to manage the scheme, taking into account joiners and leavers? How does the so ware integrate with your payroll systems?
4-5 months before staging date Stage 6
Test Processes
Analyse cost implications and changes to your processes. Make any necessary changes to your existing scheme and test everything to make sure you are fully ready and are mee ng the detailed requirements set by The Pensions Regulator.
Go live – auto enrol Stage 7
Scheme Set up
Carry out all your duties and start auto enrolling your workers. Complete a Certificate of Compliance (formerly called Registration) with The Pensions Regulator within five months after your staging date.
Stage 8
on-going management of your scheme
Carry out all your on-going duties, including management of the ‘eligible’, ‘non-eligible’ and ‘entitled’ work categories (remember they could move from one group to another), as well as scheme leavers and joiners.
Regularly review your pension – is it fit for purpose?
Enroll eligible job holders who have opted out every three years and re-certify the contribution basis of the scheme at least every 18 months.

Find Out More

Complete the form to request a call back from one of our Auto Enrolment Experts.

Alternatively call us on 01424 777994 to speak to us right away.

We are already relieving the Auto Enrolment stress for other businesses, find out how we can help you today.

Your Name (required)

Business Name (required)

Business Postcode (required)

Your Phone Number (required)

Your Email (required)

Number of Employees

Staging Date (if known)

Your message

I have read and agree to Spencer Maynard Wealth Management's Privacy Policy

Oliver Maynard February 1, 2016 No Comments

What are my responsibilities as an employer?

What do you need to contribute?

The minimum contributions rate must be at least 8% of the workers’ ‘qualifying earnings’ by 2019, with employers picking up at least 3% of that amount. You can phase in the cost of your employer duties up until 2019, which is designed to help you manage the impact on your cashflow.

‘Qualifying earnings’  are a band of earnings from £5,824 to £42,385 (figures correct for the 2015/16 tax year). These earnings include salary, wage, over time, bonuses, commission, statutory sick pay, statutory maternity pay, ordinary or additional statutory paternity pay and statutory adoption pay.

As an alternative to using the qualifying earnings definition, you can choose to use ‘certification’. A certificate can cover all workers or groups of workers.

Our Auto Enrolment packages start from just £400

Find out more

Your responsibilities

Your responsibilities are different depending on the workers eligibility:

  • Enrol them into an Auto Enrolment scheme
  • Make contributions
  • Set up and manage process for workers to opt-out
  • Keep robust records
  • Provide effective communication on your scheme and their rights to opt-in
  • If requested, arrange scheme membership and make contributions
  • Set up and manage process for workers to opt-out
  • Continually assess individuals in this group – they may become eligible e.g. age and earnings
  • Keep audible records
  • Provide effective communication about your scheme and their rights to join the scheme.
  • If requested, arrange scheme membership and make contributions (if applicable)
  • Deduct contributions from their salary and pay into the scheme
  • Continually assess individuals in this group – they may move into the Eligible of Non-eligible groups at a later date
  • Keep robust records

What happens if you don’t meet your Auto Enrolment requirements?

The Pensions Regulator has the power to investigate firms who it believes are not meeting the requirements and issue penalties for non-compliance.

Large employers have already gone through the Auto Enrolment process and The Pensions Regulator indicated that it is investigating hundreds of them about their compliance with the legislation and may take enforcement action regarding non-compliance. The financial penalties for non-compliance are significant but it also serves to highlight the complexity of complying with the legislation.

Find Out More

Complete the form to request a call back from one of our Auto Enrolment Experts.

Alternatively call us on 01424 777994 to speak to us right away.

We are already relieving the Auto Enrolment stress for other businesses, find out how we can help you today.

Your Name (required)

Business Name (required)

Business Postcode (required)

Your Phone Number (required)

Your Email (required)

Number of Employees

Staging Date (if known)

Your message

I have read and agree to Spencer Maynard Wealth Management's Privacy Policy