If you’re self-employed and want to pay into a pension through your business, you’ll need to set up a workplace pension scheme with us.
Getting set up with The People’s Pension is simple and easy
And, when your business grows, so can your scheme. As you start to employ others, they can be added to the scheme, helping you to meet your employer pension duties.
The benefits of setting up a scheme
As well as doing a great thing by saving for your future, you’ll have access to:
- Our friendly UK contact teams who are just a phone call away, 8.30am – 5.30pm Monday to Friday
- Online help and support, how-to videos and downloadable guides
- Training mode to practice data uploads once registered
The cost of setting up a scheme
There’s a one-off payment of £500 + VAT. This can be reduced to £300 + VAT if you sign up through a business adviser (a financial adviser, accountant, bookkeeper or payroll provider).
When the adviser registers with us (for free) they can give you a reduced charge code – and they’ll get an adviser account to help you with signing up.
Already a member of The People’s Pension?
If you already have savings with us and you don’t want to set up a workplace pension scheme, you can make what’s known as personal contributions. Personal contributions can be made via Direct Debit or as one-off lump sums. Discover more about making personal contributions