Auto-enrolment, handled properly

The Government’s major initiative to encourage private sector workers to provide for their retirement came into effect on 1 October 2012, and the legislation affects all UK employers. Complying with the new employer duties isn’t straightforward — the potential fines and penalties for non-compliance are substantial and can be levied on the firm or on individual directors.

Recognising that employers may struggle with the practical complexities of this legislation, we have developed our Workplace Pensions Service, which aims to ensure employers both comply fully with their new duties and can cope with the related administration, initially and on an ongoing basis. Our comprehensive service covers:

• Staging Date Options — we advise you about your staging date
• Contracts of Employment — advice on any changes needed, and what not to say to employees about 'opting-out'
• Staff and Record Keeping — what personal information you need to identify 'eligible workers' and what records to keep
• Scheme Audit — whether your existing staff pension scheme complies with auto-enrolment
• Pay Periods and Payroll — help setting up your contribution and refund process
• Workplace Pension Options — advice on which type of scheme would best suit your business and employees
• Scheme Installation — help installing a new workplace pension scheme, including advice to individual employees

We offer all employers a free of charge initial consultation and an indication of what action will be needed and when. For employers and professionals requiring our full Workplace Pensions Service, we offer a fixed fee, both for our initial and on-going service.

At Adrian & Co we are committed to offering our clients genuinely independent, fee-based financial advice, with access to the whole of market — so you can be certain of avoiding the potential conflict of interest associated with commission-based financial advice.