We’re here to help you save for a more financially secure future. Find out about auto enrolment, the pension responsibilities of the company you work for, how to manage your pension online and when you can retire.
We’ll guide you through every step of setting up an auto enrolment workplace pension scheme with NOW: Pensions to help your business adhere to its auto enrolment duties and become compliant with The Pensions Regulator.
Our straightforward workplace pension, secure online system and comprehensive support will help you to set up and manage your clients’ pension schemes quickly and effectively.
NOW: Pensions’ simple, flexible and cost-effective workplace pension makes it easy for your clients to comply with their auto enrolment responsibilities.
NOW: Pensions is an award-winning UK workplace pension provider. We look after the pension savings of millions of members on behalf of tens of thousands of companies from a wide range of industries. We’re on a sustainable investment journey and we campaign for fairer pensions for all.
We’ve put together lots of information and practical guidance to make setting up and running your workplace pension simple.
Our UK-based client support team is also on hand to answer any questions you have about setting up your Scheme. Email us at firstname.lastname@example.org. Please have your employer code handy.
We explain how it works and what your responsibilities are for setting up a workplace pension and assessing and enrolling your eligible employees.
We explain the age and earnings thresholds so you can assess your employees quickly and accurately.
Setting up your payroll function, choosing contribution levels, and uploading employee records.
Your ongoing obligations – checking for changes, continuing assessments and future re-enrolments.
Once you’ve met your auto enrolment duties, you must declare to The Pensions Regulator (TPR) that your workplace pension is compliant. We explain this important step.
When it happens
Every three years, you must re-enrol eligible employees into your workplace pension.
What do I need to do?
Follow our step-by-step guide to the re-enrolment process, including assessment and eligibility.
Once you’re done, you need to re-declare your compliance with TPR. Our checklist sets out how.
Re-enrolment – what you need to know
All you need to know about setting up a workplace pension with us, from assessment to investment.
How to calculate qualifying earnings for your Scheme and the up-to-date earnings bands for the 2022-2023 tax year.
How to collect and manage pension contributions through your payroll, keep records and pay tax to HMRC.
We have one well-thought-out investment strategy, which aims to give you and your employees good value and deliver positive outcomes over the long term.
We’ve made things simple to keep monthly costs down, with a pricing strategy to meet the needs of every size of business.
Their pension savings stay invested with us. We’ll keep in touch to explain their options.
Auto enrolment duties start as soon as you employ someone. Find out more about your duties.
The Department for Work and Pensions updates auto enrolment thresholds on 6 April each year.
Pension schemes can collect tax relief on pension contributions in two ways – net pay and relief at source. Ours is a net pay scheme.