The law on workplace pensions has changed. Under the Pensions Act 2008, every employer in the UK must put certain staff into a pension scheme and contribute towards it. This is called 'Automatic Enrolment'.
We have evaluated other schemes on the market and come up with a solution that matches or beats the competition on key criteria such as cost, quality and ease of management.
Automatic enrolment in simple steps
Each employer will be given a date by which they must comply with auto enrolment rules, this is the staging date. You can find your staging date through The Pensions Regulator.
If you want to check what you must do and by when, you can use the Duties Checker online tool provided by The Pensions Regulator.
Once you have staged and completed your obligations you have up to five months to tell The Pensions Regulator you have complied Remember, automatic enrolment is your legal duty and if you don't act, you could be fined.
Switch pensions - how we can help
The RIBA Pension Solution offers strong performance with a low annual charge and Chartered Practices receive a substantial discount on both the sign-up and annual fees. If you already have a workplace pension set up why not compare to ensure you are getting the best solution at the best price.
Want to switch? We can help. Switching costs nothing, it’s easy to do and could mean a larger retirement pot. Find out more about Switching pensions.