Pension Auto Enrolment
Workplace pensions are a legal requirement, if you employ staff, you have a duty to assess their eligibility for a workplace pension and automatically enrol them if they qualify. That means calculating contributions, keeping records, staying compliant and communicating with your team all while running your business. At Ivory Insight, we take care of the entire process for you, as part of our seamless payroll service. No stress, just a professional, compliant setup that runs smoothly in the background.
With Ivory Insight, you get:
Setup & Compliance
- Identify your staging date or re-enrolment date
- Act as your secondary contact with The Pensions Regulator
- Notify the Regulator of your compliance and scheme details
Employee Assessments & Enrolment
- Assess all employees for eligibility based on age and earnings
- Automatically enrol qualifying staff and explain opt-in/opt-out options
- Produce legally required employee communication letters
- Keep accurate records and auto-enrol new staff as they join
Contributions & Payroll Integration
- Calculate employee and employer pension contributions
- Submit monthly pension schedules to your pension provider
- Advise you on amounts to pay and when
- Fully integrated with your payroll no duplication, no confusion
Comprehensive Tax Solutions
Business Advisory Services
Payroll Management Optimisation
FAQ's
What is pension auto-enrolment?
Auto-enrolment is a government initiative that requires employers to automatically enrol eligible employees into a workplace pension scheme and make contributions on their behalf. It’s designed to help employees save for retirement.
Do I need to set up auto-enrolment for my business?
If you employ at least one worker, you’re likely required to set up and manage auto-enrolment (unless the employee is exempt). We can check your obligations and handle the entire process for you.
Can Ivory Insight manage my auto-enrolment duties?
Yes. We can set up a compliant workplace pension scheme, manage employee enrolments, calculate contributions and handle ongoing submissions to your pension provider. We’ll also take care of re-enrolment and declaration of compliance with The Pensions Regulator.
Can you take over my existing pension scheme?
Yes, we can take over managing your existing scheme at any point. We’ll review the current setup, ensure everything is compliant and take care of ongoing administration.
How often do I need to review my auto-enrolment duties?
Employers must re-enrol eligible employees and submit a declaration of compliance every three years. We’ll monitor your deadlines and handle this process so nothing is missed.
What happens if I don’t comply with auto-enrolment rules?
The Pensions Regulator can issue fines and penalties for non-compliance. By letting us manage your auto-enrolment, you can be confident that everything is done accurately and on time.
Can you integrate auto-enrolment with payroll?
Yes, we seamlessly integrate auto-enrolment with your payroll, ensuring contributions are calculated and submitted automatically with every pay run.
How much does auto-enrolment management cost?
Our fees depend on the size of your team and whether you need a new pension scheme or ongoing management. We’ll provide a fixed quote upfront with no hidden charges.