Missed staging date?
Ideally employers should set up a workplace pension scheme before their staging date – as this is The Pensions Regulator’s deadline for starting automatic enrolment. But don’t worry, it’s not too late!
We can help
In a few simple steps we can help you set up a compliant workplace pension scheme. It’s important to act now, as The Pensions Regulator can hand out heavy fines to employers that don’t comply with the law.
Here’s how to catch up
1st: get set up as quickly as possible
- If within 6 weeks of the staging date, our Simply Tailor set-up route allows some duties to be postponed.
- If 6 weeks or more, the quickest and simplest way is to use our Simply Comply set-up route, or you can use Simply Tailor for a more tailored set-up.
Ready to sign up?
2nd: contact The Pensions Regulator
You need to let The Pensions Regulator know that we’ll be providing a pension scheme for the business you’re signing up. Give them a call on 0345 600 1011, and have the company’s PAYE reference number to hand.
- The Pensions Regulator fines businesses who don’t meet their legal duties, like missing their staging date.
- They treat each case differently though, so getting in touch quickly may help.
3rd: communicate with employees
We have template letters for this – one for our Simply Tailor sign-up and one for our Simply Comply sign-up.
4th: get up to date
The Pensions Regulator will ask for any missed pension contributions to be backdated to the missed staging date. Need help? Just give us a call on 01293 586666 and select option 2.