Is your Auto-Enrolment process compliant?
In 2018 employers were fined over £60m by The Pensions Regulator - Have you checked your compliance?
Being compliant isn’t just about having an AE scheme in place
- Perform an ongoing assessment of the workforce to confirm who should be in the scheme each month
- Monitor contribution calculations to check they have been made on the right earnings basis and that contribution percentages are correct
- Send mandated communications to The Pensions Regulator (TPR) and employees at the required points in time, including the three yearly re-enrolment process
How can Husky help?
Husky have developed a platform that provides an automated solution for AE management. With our real-time assessment engine, we can review whether a workplace pension scheme is AE compliant and provide the guidance to fix compliance issues we find.
Our Lite review, includes the review of your scheme set-up and parameters including assessment of all workers on your payroll, the tax method application and contribution calculations for applicable workers. Depending on the outcome of your review Husky can also provide:
- 1. Ongoing compliance management and administration for your schemes
- 2. Switching services to change pension providers and set-up a new compliant scheme
- 3. TPR assistance and support to fix retrospective compliance issues
Free Lite compliance review
Have you checked your auto-enrolment scheme set-up and contributions are compliant?
Let Husky take the pain out of AE compliance – Get in touch for your Free Lite compliance review.
Being the owner of a small business and managing almost all necessary admin in-house, workplace pensions fell through the cracks and weren’t at the top of my priority list. I missed my Staging Date for the government’s auto-enrolment compliance and received a notice from The Pensions Regulator that I was going to be fined for non-compliance. The Husky team turned this around for me. Within three weeks, I was compliant and they’d also helped overturn a £14,000 fine. Now, by working with Husky, I won’t have to worry about staying compliant as the platform takes away the pension admin headache.
Paul
Up-the-Creek Comedy Club