Husky Finance

The Husky Way – Your workplace pension partner

At Husky, we take the entire workplace pension burden off accountants
and payroll teams – saving time, reducing compliance risk, and helping
your clients save money.

adammks

Key Benefits for You

Over 2000 happy clients in the UK.

De-risk your firm

We take full ownership for pension admin, scheme setup, compliance, statutory communications, uploads and provider engagement.

Reduce non-chargeable admin

Eliminate the need for multiple portals, manual uploads, tracking scheme changes and client handholding.

Improve client retention

Clients benefit from Salary Exchange savings and value a fully managed, hands-off service, as well as making pensions a benefit for their staff.

Support all clients

We work with all major pension providers, so your team doesn't need to learn or manage multiple systems.

Dedicated Partner Support

Bespoke training, compliance updates, and full support for you and your clients.

Generate revenue or offer client discounts

Choose the partnership model that fits your business.

Partnership Options

We offer two flexible ways to work with us

  • You refer the client to Husky

  • The client contracts and pays Husky directly

  • You receive a commission or pass on a discount to your client

  • Husky’s platform is branded with your name and logo

  • You pay a discounted rate and bundle it into your service offering

Onboarding Journey

Book a demo

First, schedule a demo with Husky to meet, create your partner account, and address any questions you may have.

Referral options

Once you’re registered as a partner, you have two options: you can either register clients yourself through the Husky platform, or provide us with the client’s information so we can contact them.

Onboarding

Once your client finalises registration, they can complete the onboarding online on their own.

Salary Exchange Calculator

It’s pretty simple. Husky takes your current pension and makes it work better by using Salary Exchange. See how implementing Salary Exchange can positively benefit your company and workers

Over 2,000 employers save time and money with Husky.

husky journey

Watch the video
to learn more about Salary Exchange

Gain some valuable insights

Salary Sacrifice: Transforming HR in 2025

As the workforce landscape continues to evolve, HR professionals face growing challenges to deliver benefits that are cost-effective, competitive, and engaging. Salary sacrifice—a tax-efficient method..

Be Ready: Higher Employer NI Rate in April 2025

With the Employer NI Rate set to rise from 13.8% to 15% in April 2025, alongside a lowered NI threshold, businesses face sharply increased payroll..

Why Director-Only Companies Should Consider Workplace Pensions

Workplace pensions aren’t just for employees – they can be a smart financial move for directors too. Even if auto-enrolment (AE) rules don’t require you..

Award-winning solution

Best-Workplace-Pension-Compliance-Solution
husky award 2023

Here are 7 frequently asked questions

If you have more questions you can always access our knowledge base on this link

As the employee’s gross earnings are reduced, the employer also saves on their National Insurance Contributions (NIC).

Those savings can be re-invested into the employee’s workplace pension pot to provide an even better employee benefit and encourage them to join.

With Husky, you can also split those savings into specific %s so you can share the savings between the company and the employee.

Salary Exchange is an agreement between the employee and the employer. The employee's contract of employment is altered to reflect that they have agreed to exchange part of their future gross salary or bonus entitlement in return for a non-cash benefit, such as an employer pension contribution.

What are the benefits of a Salary Exchange scheme?

  • Employers save on NI contributions while employees can save on tax as well as NI contributions.
  • Employers can reinvest any NIC savings in their business or their employees’ pension plans.
  • Employees receive a higher pension contribution or take-home pay, depending on how the arrangement’s set up.
  • Employees can benefit from a bigger retirement fund, if NIC savings are reinvested back into their plan.

Are there any possible drawbacks to a Salary Exchange scheme?

  • Lower life cover (employers generally calculate entitlement as a multiple of salary which would be lower)
  • Lower borrowing available on mortgages (as per life cover the borrowing level is determined by a multiple of a lower salary)
  • Entitlement to state benefits eg Statutory Maternity Pay and the State Pension may be affected if your salary falls below the level at which you pay National Insurance contributions.
  • The employee might not be able to revert to their old (pre-sacrifice) salary if personal circumstances change. The employer would have to agree to a further change to the employee's contract of employment.

Those savings can be re-invested into the employee’s workplace pension pot to provide an even better employee benefit and encourage them to join.  With Husky, you can also split those savings into specific %s so you can share the savings between the company and the employee.

A salary exchange agreement can normally be altered, for example, if someone opts out of an automatic enrolment scheme with salary exchange.

For any other circumstances, it depends on how the agreement has been set up. It may be necessary to change the terms of a salary sacrifice arrangement where a lifestyle change significantly alters an employee’s financial circumstances.

This may include:

  • changes to circumstances directly arising as a result of coronavirus (COVID-19)
  • marriage
  • divorce
  • partner becoming redundant or pregnant

What are the benefits of a Salary Exchange scheme?

  • Employers save on NI contributions while employees can save on tax as well as NI contributions.
  • Employers can reinvest any NIC savings in their business or their employees’ pension plans.
  • Employees receive a higher pension contribution or take-home pay, depending on how the arrangement’s set up.
  • Employees can benefit from a bigger retirement fund, if NIC savings are reinvested back into their plan.

Are there any possible drawbacks to a Salary Exchange scheme?

  • Lower life cover (employers generally calculate entitlement as a multiple of salary which would be lower)
  • Lower borrowing available on mortgages (as per life cover the borrowing level is determined by a multiple of a lower salary)
  • Entitlement to state benefits eg Statutory Maternity Pay and the State Pension may be affected if your salary falls below the level at which you pay National Insurance contributions.
  • The employee might not be able to revert to their old (pre-sacrifice) salary if personal circumstances change. The employer would have to agree to a further change to the employee's contract of employment.

Those savings can be re-invested into the employee’s workplace pension pot to provide an even better employee benefit and encourage them to join.  With Husky, you can also split those savings into specific %s so you can share the savings between the company and the employee.

You should speak to your tax credits office before you decide whether to participate in a Salary Exchange Scheme. You must also notify your tax credits office once you have exchanged your salary.

However, in broad terms, as your gross salary reduces (and employer pension contributions are disregarded) your entitlement to tax credits may increase. If you currently make personal contributions to a pension scheme, then you are currently entitled to deduct the gross amount of the pension contribution from your earnings to calculate your tax credits. In this situation, therefore, there should be little or no change to your tax credits entitlement.

Yes, salary exchange can be introduced into an existing plan as well as new plans.

Leaving a salary sacrifice exchange is always an option, and you should be able to do so without penalty if the arrangement isn’t working for you.

Joining salary exchange is an employee’s choice and therefore an employee can not be forced to opt into a salary exchange (salary sacrifice) scheme. Using salary exchange together with Auto-Enrolment means that if someone hasn’t signed the agreement they still need to be enrolled and therefore make their contributions as currently. As an employer, you can have two sets of employees: one set in the scheme without Salary Exchange and contributing normally and the second in the scheme with Salary Exchange where the contributions are all made from the employer. Some employers automatically include new employees in salary exchange (through their contract of employment) while allowing them to opt out of Salary Exchange if they wish.