Why complete automatic re-enrolment with The People’s Pension?
Every three years the government wants to put employees who have ceased active membership back into a pension scheme. It’s a process called automatic re-enrolment – sometimes referred to as ‘cyclical re-enrolment’ – and involves some input from you.
Three good reasons
1. We’ve come a long way together
As a not-for-profit organisation, our revenue goes back into developing The People’s Pension – so we’re well placed to keep moving forward and meeting your needs. We’ve achieved a Defaqto 5 Star Rating for automatic enrolment, so we’ll use that experience to help you with automatic re-enrolment too.
2. We keep things simple
Pensions can be complicated, but we want to make it easy for you to complete your workplace pension duties. We’ll explain how automatic re-enrolment works in simple terms, with a step-by-step guide to keep you on track.
3. We’ll help you out
We’ll set up an automatic re-enrolment report in your Online Services account, helping you to identify which employees you need to re-enrol.
You may remember last time around you had to declare your compliance with The Pensions Regulator. As part of automatic re-enrolment you’ll have to re-declare your compliance. It’s your legal responsibility to do this on time or you may be fined. So we’ll let you know what to include and when you have to do it.
If you have a financial adviser, they may be able to help you with automatic re-enrolment too.
Find out how we work with financial advisers »