FAQs for financial advisers
Your duties start date is the date you first employ someone – even if it’s only one person. This is the date from which your legal duties under auto enrolment apply.
Once you’ve set up your workplace pension, you must declare to The Pensions Regulator (TPR) that:
- your workplace pension complies with auto enrolment legislation
- you, as a workplace, have met your legal duties, and
- all the information you’ve given is accurate.
You must declare your compliance within five months of your duties start date. If you don’t, TPR can fine you. TPR recommends you declare your compliance as soon as possible.
Every three years you must also re-declare your compliance. You must do this within five months of the three-year anniversary of your duties start date.
There’s more information about declaring your compliance on TPR’s website.
If you’re ready to declare your compliance you can go straight to TPR’s declaration of compliance page. You can download the declaration of compliance checklist to see what information you need to provide. It includes the following.
- Your unique Employer Pension Scheme Registry (EPSR) number – this is your four-digit workplace code.
- The Pension Scheme Registry (PSR) number for the NOW: Pensions Trust: 12005124
- Our address: NOW: Pension Trustee Limited, 1 Tower Place West, Tower Place, London EC3R 5BU
TPR estimates it takes about 15 minutes to declare your compliance once you’ve collected all the information.