Auto Enrolment is a government initiative that was first put forward in 2008 and was concreted in the Pension Act of 2011. Previously auto enrolment has only affected large employers but is soon to trickle down to smaller businesses. Auto enrolment is quite an administrative burden on employers and has the makings of being a hindrance on the day to day running of a small business.
At Finsbury Robinson we have helped our client’s through this entire process and have helped saved time and piece of mind for them as well. The penalties involved with Auto Enrolment are extremely harsh and have the possibility to bankrupt a company in a short space of time. Let us take this strain away from you, allowing you to run your business more effectively.
Our service will help you to:
Looking for Free Auto Enrolment Advice? See our guide: Employer Auto Enrolment Advice
We encourage as much contact with our clients as possible as the more we learn , the more we are able to assist you in developing and growing your business.
We offer unlimited Free accounting, business, tax, marketing and web advice to all of our customers. To see how we can help, visit our client advice page.
All of our fees are quoted for and agreed in advance. This makes it easy for you to budget and protect your cashflow with our monthly payment terms.
We offer Free business review meetings to our clients all year. We can help you to analyse your business and make achievable targets to improve.
When your staging date is looming there are various actions that you must take as an employer. You need to be active on auto enrolment a year away from your staging date. You need to work out the eligibility of your staff which you can see a basic table of below.
Here is the link to the Pension Regulators advice on the staging dates.
You must assess all of your staff for eligibility but the ones you need to enrol must follow the criteria in the table below:
The State Pension Age is 65 for men and 62 for women. In conjunction with this you must choose a pension provider, relevant software for eligibility checks and inform your staff of what is going to happen. Here is a link for the Pension Regulators guide to Auto Enrolment.