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Your duties under pension law
Your duties under the current pension rules are to:
- Register with The Pensions Regulator
- Review your pension arrangements
- Assess your workforce
- Communicate with all of your workers
- Automatically enrol eligible workers
- Make contributions to your worker’s fund
- Re-register and re-enrol at specified intervals
- Maintain appropriate records
Assessing your Workforce
Assessments to determine the status of a worker, where they are not already enrolled, are normally carried out at the same time as when your payroll is processed to save duplication of administration.
For that reason, we carry out the assessment as standard, irrespective of whether you have opted for our Managed or Connect Payroll Service. That way you can be assured that your duties to enrol eligible workers and work out the contributions that must be paid into their pension fund is taken care of.
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A Cost-effective Service That Reduces Your Administration
Having a pension scheme to automatically enrol your workers and making payments into their pension fund is only part of the responsibilities placed on a UK business.
Aside from the assessment to determine eligibility, there is also a requirement to re-enrol a worker who previously had opted out of the pension scheme, as well as re-registering as an employer with The Pensions Regulator. And, it's not just new employees that you have to communicate with about pensions and auto-enrolment. If you have staff who are not in a qualifying company pension scheme, which could be for a number of reasons, you will need to continually assess their status and keep them informed of their rights and entitlements in relation to automatic enrolment.
We will prepare the relevant letters for your staff, that can be tailored to your requirements as far as the legal provisions permit - they can even include your own Company logo.
Understanding Auto-Enrolment
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A range of payroll solutions designed for your business
- Payroll calculations including overtime, shift or other pay
- Statutory payment calculations such as SSP, SMP, SPP, etc
- Unlimited payment & deduction codes, to suit your requirements
- Auto-enrolment assessments and pension calculations
- Preliminary payroll reports, including costing summaries for your finance team
- RTI processing
- Detailed payroll costing reports
- Electronic payslips with your own Company logo
- BACS processing included as standard
- Dedicated Account Manager & Payroll Team Contact
- All the benefits of our Managed Payroll Service PLUS
- Secure online access to your payroll data via our encrypted portal
- Allows you to streamline your processes so the payroll input information flows more efficiently
- 24/7, 365-day access to a range of payroll reports and employee data
- Employee Self-Service facility, so they can access payslips, P60’s and more
- Absence records online, with holiday approval processing functionality
- Document storage area that you can give your staff access to
- Dedicated Account Manager & Payroll Team Contact
- Designed to support businesses that pay and bill for their staff
- Online timesheet processing, which can be accessed through an app on any web-enabled device
- Approved timesheet data integrates to our payroll
- Payroll processed on a weekly, fortnightly, or monthly basis
- Invoices generated at the relevant charge rate for the client based on the timesheet they have approved
- Client Reports available, so you continue to have a handle on payroll costs and charges invoiced, including £/% margin report
- Dedicated Account Manager & Payroll Team Contact