Help Centre for Employers

Monthly employer service charge for employers

This is a charge paid for by the employer and varies depending on how the scheme is administered. The discounted price for employers using a payroll bureau reflects the considerable support payroll bureaux provide with auto enrolment administration for NOW: Pensions.

Monthly employer service charge

No. of active members Discount Monthly charge
Any employer 0 100% £0*
An employer working with NOW: Pensions Directly Any number N/A £36.00  + VAT
A payroll bureau using the NOW: Pensions Gateway 5+ 44% £20.00 + VAT
A payroll bureau using the NOW: Pensions Gateway 1-4 65% £12.50 + VAT

*Initial assessment of active members takes 3 full months and therefore the £0 charge only comes into effect after the assessment has been completed.  Assessments of active member numbers are performed at the sole discretion of NOW: Pensions.

For more detail about the services NOW: Pensions offers and the monthly employer service charge click here.

 

“Redington’s Investment Committee assigned an Approved Rating to the NPI DGF and positive on the fund.” — Redington
NOW: Pensions' risk management and diversified growth fund are state of the art. — Win Robbins, former Head of European Fixed Income Barclays Global Investors
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary
…We pride ourselves on our abilities to make the perfect match for both clients and workers. Our decision to appoint NOW: Pensions came as a result of wanting a quality workplace pension scheme that is structured, simple and easy for us to… — Ian Naylor, Legal Director of Randstad
ATP comes to the UK pensions world with the highest commendations from the Danish trade unions, employers and government. NOW: Pensions' offering in the UK will be high quality, low cost, and honest and I'm proud to be associated with it. — John Monks, member of House of Lords and former General Secretary of ETUC and TUC