Why Pension Awareness Week Matters for SMEs
Pensions Awareness Week (15–19 September) is all about shining a light on retirement planning and financial wellbeing. For employees, pensions are one of the most valuable benefits they’ll ever have. But for many SMEs, pensions are often seen as just another box to tick.
The reality? When managed properly, pensions can save businesses money, keep employees happy, and build a stronger workplace culture. That’s why Pension Awareness Week is such a valuable reminder for SMEs to stop and ask: are we really making the most of our pension scheme?
The 3 Pension Challenges for SMEs
Imagine this: you’re sitting down with your accountant, going through the numbers, when three tricky questions land on the table…
1. The Cost Challenge
How much are you actually paying in pension provider fees? Not the headline figure—but the real cost buried in the fine print. Most SMEs are shocked when they find out.
2. The Compliance Challenge
You’ve enrolled your staff, ticked the boxes, and filed the paperwork. But are you truly confident your scheme is 100% compliant with auto-enrolment and ongoing duties? The smallest oversight can lead to penalties.
3. The Savings Challenge
Here’s the one most businesses miss: Salary Exchange. Are you using it to save on National Insurance contributions? Because if not, you’re leaving money on the table—money that could go back into your business and into your employees’ pay packets.
These three questions can stop even the most organised business owner in their tracks.
As Brendan Shanks, Director at Husky, puts it:
“Most SMEs I speak to don’t realise how much they’re overspending on fees or missing out on savings. The challenge isn’t just about compliance—it’s about unlocking the real value hidden in workplace pensions. Once businesses see that, they stop viewing pensions as a burden and start seeing them as a smart financial tool.”
Why It Matters More Than Ever
For SMEs, pensions aren’t just about meeting a legal requirement—they’re about:
Giving employees a sense of security and wellbeing.
Standing out in a competitive talent market.
Saving money and reinvesting it back into the business.
In short, pensions can be a win-win when managed the right way.
How Husky Can Help
At Husky Finance, we simplify workplace pensions for SMEs. We:
Set up and manage schemes end-to-end.
Secure preferential rates from providers (potentially up to 80% savings).
Unlock Salary Exchange so both employers and employees pay less in National Insurance.
Automate compliance, so you never have to worry about missing deadlines or requirements.
Best of all, the savings we generate often cover our fees, making it cost-neutral for many businesses.
Get started
Register with Husky to get started or have a chat with our team to understand the benefits.
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