Starting Your Salary Exchange Pension with our Husky App. Access to Husky’s Salary Exchange services. You will need us to manage your Workplace pension first, and then you can activate Salary Exchange. Confirm that your employees understand the benefits using the Husky for Everyone app. Accept and sign the agreement and necessary documents provided
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In the United Kingdom, Self-Invested Personal Pensions (SIPPs) are a popular choice for individuals looking to take control of their retirement savings and investments. SIPPs offer flexibility and a wide range of investment options. But what if you’re an employer who wants to support your employees’ retirement goals by contributing to their SIPPs? This article
Contributing to Your Employee’s SIPP in the UK. What You Need to Know Read More »
Employees worry about higher living costs when things like prices and inflation go up. PwC found that many people in the UK are worried about this and think it’s partly a business problem to solve. Businesses can help by giving their employees tools like loans and money-saving tips. But just giving more money as salaries
How employers can help their company and staff with the cost of living Read More »
Planning for retirement is a crucial aspect of financial security, and understanding the rules and regulations surrounding your workplace pension is essential. In the United Kingdom, workplace pensions are subject to specific guidelines regarding when you can access your savings. In this article, we’ll explore the factors that determine when you can withdraw your workplace
When Can You Withdraw Your Workplace Pension in the UK? Read More »
Selecting a pension provider for your small business is a significant decision that can have a long-lasting impact on your employees’ financial well-being and your company’s compliance with pension regulations. In the UK, auto-enrolment requirements mean that employers must provide a workplace pension scheme for eligible employees. To help you make an informed choice, this
Choosing the Right Pension Provider for Your Small Business. Key Considerations Read More »
If you’re an employer in the UK and hiring staff, it’s crucial to meet your legal obligations regarding workplace pensions. One key step is completing the pension declaration of compliance with The Pensions Regulator. This article will guide you through the process, ensuring you understand how to fulfil your duties and the implications of missing
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Automatic enrolment is a continuous responsibility for employers in the UK. Your obligations continue beyond the initial duties start date. Here’s a summary of your ongoing duties and a more detailed breakdown: Summary of Ongoing Duties Monitor staff ages and earnings to determine pension scheme eligibility. Ensure you’re making the minimum required contributions to
Ongoing Duties of Automatic Enrolment for UK Employers Read More »
Properly handling employer pension contributions is crucial to avoid fines from The Pensions Regulator (TPR). Here’s what you need to know: Key Points Deduct contributions from staff salaries and ensure accurate and timely payments to the pension scheme. Contact your pension scheme provider or trustees if you’re uncertain about payment amounts and schedules. Non-compliance
Managing Employer Pension Contributions and Funding Read More »
Introduction to UK Workplace Pensions A UK workplace pension is an employer-established retirement fund for employees. Employers are obligated to provide and contribute to these schemes. Here’s what you need to know about these pensions: Automatic Enrolment and Contributions As a UK employer, you’re required to offer a workplace pension and automatically enrol eligible employees.
Comprehensive Guide to UK Workplace Pensions. Types, Setup, and Benefit Read More »
When we talk to accountants about auto-enrolment (AE) obligations, one of the common things they say is: “The client is ultimately responsible for AE compliance, not us or payroll.” Yes – it is the employer’s legal obligation to provide staff with a compliant workplace pension scheme. However, The Pensions Regulator (TPR) is recognising the role
First Accountant Charged Over Auto-Enrolment Read More »