At Wilson Partners, we are an award winning, specialist firm of accountants, business and tax advisors. We’ve spent time understanding auto enrolment and what it means for you so that you don’t have to. If you already know your staging date, you may be wondering what to do next.

It can seem quite daunting at first but once a few key decisions have been agreed we can take care of the whole process for you for a cost effective fee agreed prior to commencement.

There are 2 elements to auto enrolment:

1. Getting a scheme set up
2. The ongoing compliance and processing process

Get in touch for a free, no obligation quote

What is a staging date?
Auto Enrolment is being rolled out over a number of years and staging dates are allotted according to the size of your business. Your staging date is the date when your legal duties to implement auto enrolment come in to force. If you don’t know your staging date, click on the link below. Once you have your staging date you will need to provide a pension for your eligible employees, automatically enrol them into the scheme and start to make contributions for them..

Find my staging date

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Auto enrolment – what is it?

To help people save for their retirement, the government has introduced auto-enrolment. This means that from April 2014, employers with less than 250 employees will have to automatically enrol eligible employees into a qualifying workplace pension scheme (QWPS).

It’s important to remember that your business could be fined up to £2,500 per day if it doesn’t comply, so it pays to plan ahead. The earlier you start, the smoother the process will be.

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What this means?

Eligible employees will need to be enrolled into your pension scheme. Following enrolment they can chose to opt out of the pension scheme. Employers have to contribute towards eligible employees’ pension plans. Employees may also have to contribute depending on whether your payments alone meet minimum levels specified by the Pensions Regulator.

Employees who are not eligible can still choose to join the workplace pension scheme and may also be entitled to employer contributions.

Contribution costs

Your staging date Minimum employer contribution Minimum total contribution
Before 5th April 2018 1% 2%
6th April 2018 - 5th April 2019 2% 5%
6th April 2019 onwards 3% 8%

What you need to do

You will be given a staging date. 6 months before this you should have:

  • checked which workers might need to be automatically enrolled into a pension scheme
  • chosen a pension scheme and confirmed that the pension provider will accept all your workers
  • ensured that your payroll system supports automatic enrolment, and
  • started to make your workers aware of automatic enrolment

Once your staging date arrives you must:

  • enrol workers into your chosen pension scheme
  • make contributions to that scheme
  • keep records, and
  • complete your declaration of compliance (registration) with The Pensions Regulator within 5 months of your staging date

Our Involvement

Scheme design and set up:

  • Confirm staging date
  • Confirm pension provider is NEST
  • Confirm contributions basis – Qualifying Earnings
  • Confirm default postponement waiting period of 3 months
  • Default investment fund based on expected retirement date
  • Set up the scheme with NEST
  • Communications to employees to raise awareness and meet statutory obligations
  • Register with Pensions Regulator

Ongoing monthly compliance:

  • Monthly/weekly payroll with auto enrolment assessments
  • Calculations of pension contributions
  • Pension communications to employees (letters)
  • File upload to NEST

Fees – ongoing payroll / AE support

  • Payroll processing
  • Assess each worker for auto enrolment as part of the process
  • Payroll reports and payslips to employer/employee as usual
  • Pension reports produced and submitted to pension provider (NEST)
  • Letters produced for employees to meet statutory obligations
  • Audit trail maintained of letters/communications
  • Auto enrolment ongoing compliance will only be provided if we are processing the payroll

Fees – Get a quote

Why Wilson Partners?

A solution that takes away the headache and complexity out of auto enrolment

  • A low cost, hassle free option that take’s care of everything to get you compliant
  • Ability to include advice on areas such as salary sacrifice, pension provider, investment funds, contribution basis
  • Electronic payslips and employee logins to access auto enrolment communications
  • Fully compliant audit trail maintained electronically – no storage requirements and complete peace of mind
  • Backed by the expertise of our tax and wealth management professionals on request

Fees – scheme design

  • Confirm staging date, timescales and scheme design
  • Data capture
  • Scheme set up with NEST
  • Delegates/payments/worker groups
  • Initial statutory communications to inform employees
  • Fees from £595 + VAT

Next Steps

  • Confirm who the primary contact will be within the company
  • Confirm how contributions will be paid
  • Confirm payroll cut off dates
  • Decide if you will require the ongoing support for auto-enrolment and payroll from us

“We originally thought auto enrolment was going to be a real headache for us. Wilson Partners helped us through the pensions minefield and, with minimal effort on our part, they helped us to make the key decisions, set our scheme up, communicated with our employees and then notified the regulator to make sure we were fully compliant. If you’re looking for a solution that allows you to keep focussed on your business, is cost effective and gives peace of mind that you’ve done everything you need to then I would have no hesitation in recommending Wilson Partners”

Sarah Powell, Active Facilities Management Limited