What does this service include?
1. Pension scheme
This service includes a Group Personal Pension supplied by one of the UK’s leading pension providers.
2. Everything set up for you
For newly established businesses
- Initial upload of your employee data
- Project management
- Certification with The Pensions Regulator
Where existing arrangements exist
- All transitional data work
- Upload of your employee data
- Project management
3. Each month we will
- Upload your pay data / earnings report
- Validate your data
- Run assessment / check results
- Amend any results / anomalies
- Issue personalised and branded statutory communications
- Process all opt-ins / opt-outs
- Upload any changes to membership
- Run / produce contribution schedule
- Produce new joiner report and send to your pension provider
- Rectify any queries with your pension provider
- Liaise with The Pensions Regulator about any ongoing enquiries
- Keep a full audit history of your records
- Continually audit your data / the system / your communications
- Carry out re-certification checks
Costs
Initial set-up
Up to 100 employees = £1,500
Ongoing administration (per month)
Ongoing administration = £125*
* All fees exclude VAT and are payable via direct debit