Auto Enrolment
Services

Complete Auto Enrolment Service, from Planning, advise to Implementation and maintenance.

Auto Enrolment Services

A Complete
Auto-Enrolment Service

Welcome to Fusion Accountants Auto Enrolment service, a complete solution from planning to completion.
Over the past 30 years we have helped hundreds of business set up their pension schemes. We provide an end-to-end solution to help you at every stage of your company’s planning and implementation of automatic enrolment as well as helping with the impact the new workplace pension scheme may have on your payroll and systems.

What is Auto-Enrolment & who does it apply to?

The government had become concerned that the UK’s workforce was not putting enough away for their retirement. As a result, the automatic pension enrolment scheme came into force in 2012, making it mandatory for employers to enrol all eligible workers into a workplace pension.

All UK businesses are now legally required to operate an auto enrolment pension scheme for qualifying employees, comprising of employer and employee contributions. To be eligible:

  • You must be aged at least 22
  • AYou are below state pension age
  • You earn more than £10,000 a year in 2020/21
  • You work in the UK.
What is auto enrolment

You must comply with the Act if you own a business that employs one worker or more. You will need to:

  • Set up a workplace pension scheme that meets the new rules
  • Automatically enrol all eligible workers
  • Pay contributions into the retirement pots (pensions) of eligible workers
  • Enrol other workers if they ask to join the scheme

If you have started your auto enrolment duties and are struggling with the additional financial and administrative requirements, we can offer you a fully compliant auto enrolment services to support you and your business through successful implementation and ongoing compliance.

Why Choose Us

Setting up a workplace pension scheme can be complex, time-consuming, and costly, even for a small business with a few employees. Our auto enrolment experts have designed a seamless solution to support your responsibilities as an employer.Below is a brief step by step guide to show you how we will help you to enrol your staff. Whatever the scenario, our auto enrolment team will talk you through the process and any potential impact the set up may have on your business, and look at the best way forward to minimise any disruption to the day to day running of your venture.

Auto-enrolment planning

01.Planning

Businesses should ideally start planning as early as possible to ensure a smooth implementation.

Your dedicated client accountant at Fusion will work closely with you to understand your staging date (the date when you are obliged to legally comply with the auto-enrolment of all, or some of your eligible staff). We will also identify your eligible employees or entitled employees to determine who needs to be enrolled.

You can find more advice and support on The Pension Regular website here

We welcome the opportunity to work closely with you to provide you with the automatic enrolment service you need that will support you as your company flourishes and make sure of your ongoing compliance with The Pensions Regulator.

How to determine Auto-enrolment eligibility criteria

Eligible jobholders must be members of a qualifying scheme or auto enrolled into an auto enrolment scheme.

Non-eligible jobholders should be offered the opportunity of opting into an auto enrolment scheme.

Entitled workers must be given access to a pension scheme.

Once we have helped identify your eligible employees or entitled employees, we will oversee the following:

  • Collect key information from employees
  • Determine your Payroll and HR Process
  • Review Employee contract for any legal issues
  • Identify and select key points of contacts

We will also work with you to ensure you understand your responsibilities, both as an employer, and to your employees as well.

Auto-enrolment eligibility criteria
Employer Duties/ImpactEmployee Duties/Impact
Legal duty to write to all your staff individually to explain how auto enrolment applies to them (templates attached in appendix)Has the right to Opt Out or In
Must pay a minimum percentage of your ‘qualifying earnings’ into your workplace pension schemeMust pay a minimum percentage of your ‘qualifying earnings’ into your workplace pension scheme
Reduced Profit due to contributionsJoining a workplace pension scheme means that your take-home income will be reduced
Deductible expense & not subject to NIC payments. Employee benefit increasedMean you’re entitled to tax credits or an increase in the amount of tax credits you get
Give information to the pensions regulator about how you have met your auto enrolment duties every three yearsMean you’re entitled to an income- related benefit or an increase in the amount of benefit you get
Submit employee data every pay period to pay their contributions to the Pension RegulatorReduce the amount of student loan repayments you need to make
Monitor employee’s ages and earnings to see if any one needs to be auto-enrolled
Pension provider

02.Select Your Pension Provider & assess Costs

You will need to choose a pension scheme that is set up for automatic enrolment that is suitable for you and your staff and you will both pay money into this scheme to help boost your staff retirement pots.

When choosing a provider consider charges or set up cost, whether it works with your payroll software and any tax implications for your staff.

You may want to choose a scheme yourself or, as your accountant, we can help you the right scheme for your business.

Minimum and Maximum contribution Levels

The amount you and your staff member pay into your pension scheme may vary depending on which pension scheme you choose. However, by law, you and your staff must pay a minimum amount into your scheme.

From April 2019, the minimum contribution increased to 8% of qualifying earnings of which the employer must pay 3% and the employee must pay minimum of 5%.



Pension contribution levels

The next steps

We will commence the necessary communications with your employees which will include providing the appropriate templates, legal advice and resolve any issues or questions you may have along the way. These communications will be made within 6 weeks of staging date, or new employee joining the scheme.

We will also ensure that your (HMRC recognised) payroll software can be efficiently integrate with Pension provider, set up the new automation process to ensure the smooth and easy running and maintenance of auto-enrolment. This is particularly crucial where employees are paid on a weekly basis rather than monthly with tight turnaround deadlines.

Implementation

03.Implementation

We now carry out the final stages of the auto enrolment process. This will help you as an employer keep track of who is entitled to join, manage pension payments and data as well as communicating with your pension provider and staff.

By this stage we will have:

  • Set up your pension scheme
  • Have all employees registered
  • All relevant contributions calculation through your payroll.
  • Set up any integrations of your payroll with the Pension provider
  • Submit the required information to your Pension provider.

You will then need to make the necessary payment and we will walk you through different options available.

The final stage of the implementation process will be to submit the Declaration of Compliance (needs to be done within 6 months of staging date).

The declaration provides information to show that the business has met all auto enrolment duties.

This step must be carried out to ensure full auto enrolment compliance.

Looking For A Complete
Auto Enrolment Service
for your business?

Speak to one of our Specialist!

Complete bookkeeping service
Exemptions from auto-enrolment

Exemptions from Auto-Enrolment

Automatic enrolment duties do not apply when a company or individual is not considered an employer or if you meet one of the following criteria:

You won’t have any duties if you meet one of the following criteria:

  • You are a sole director company, with no other staff
  • Your company has many directors, none of whom has an employment contract, with no other staff
  • Your company has many directors, only one of whom has an employment contract, with no other staff
  • Your company has ceased trading
  • Your company has been dissolved
  • You no longer employ people in your home (cleaners, nannies, personal care assistants, etc.)

Meet Our Pension Specialist

Rima Abou

Rima Abou

Client Accountant

"Hi there, I am a Client Accountant here at Fusion Accountants handling a portfolio of small to medium size entities across a range of industries including, Hospitality, IT consultancy , Manufacturing , Construction (CIS) and E-commerce.

Working closely with my clients and understanding their business is key when it comes to devlivering a value add account reporting that is aimed to provide the business the tool to make key decisions. Outside work, I enjoy cooking international dishes, spending quality time with my Husband and three children."

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FAQ's

Your employer will automatically enrol you into a pension scheme and make contributions to your pension if you're eligible for automatic enrolment. If your employer does not have to enrol you by law, you can still join their pension scheme if you want to.

Yes, you can leave (often referred to as 'opting out') if you want to. If you do opt out within a month of your employer adding you to the scheme, you'll get back any money you've already paid in. You may not be able to get your payments refunded if you opt out later - they'll usually stay in your pension until you retire.

The scheme will normally pay out the value of your pension pot at your date of death. This amount can be paid as a tax-free cash lump sum provided you are under age 75 when you die. The value of the pension pot may instead be used to buy an income which is payable tax free if you are under age 75 when you die.

If you are an existing member of a workplace pension scheme and it meets certain minimum standards (ie a ‘qualifying scheme’), you will not be affected by automatic enrolment. However, if contribution levels fall below the minimum contributions for an automatic enrolment scheme, you and/or your employer may need to start or increase contributions.

For people with more than one job, each job is treated separately for automatic enrolment purposes. You can still opt out of individual schemes if you want. Each of your employers will check whether you’re eligible to join their pension scheme. If you are, then you’ll be automatically enrolled in that employer’s workplace pension scheme.

Self-employed workers aren’t automatically enrolled into a pension scheme. It’s still sensible for you to plan for your retirement and open a pension plan.

In April 2019 the minimum contributions for a qualifying pension scheme rose to 8% (on a band of earnings). There are no planned increases in April 2020, so the increase in the estimate of contribution costs this year relative to the previous year will be driven by growth in your earnings.

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