Over 700,000 small businesses have been told by The Pensions Regulator that they must set up a workplace pension this year. If they don’t, they face a minimum penalty of £400.
Demand for auto-enrolment support is extremely high – with many employers not having the time or the internal resource to complete their auto-enrolment projects.
To help, we offer a range of auto-enrolment services to suit your unique business needs and help with your duties. We understand as a business owner you have many demands on your time but auto-enrolment doesn't need to be one of them.
Salary sacrifice (also known as Salary Exchange or Smart Pay) can help provide some of your employees with the opportunity to increase their pension contributions.
With workplace pension contributions due to increase to 8% over the next few years under auto-enrolment, implementing a salary sacrifice structure in to your business could prove financially beneficial for both you and your employees.