Auto enrolment & group pension schemes

Good to know: All the financial services provided by Tees in this section are regulated by the Financial Conduct Authority and not by the Solicitors Regulation Authority, which regulates our legal services.

Advice on auto enrolment and group pension schemes

A big gap exists between what people should save for retirement and what they actually do save. The government’s solution is auto enrolment. This puts the onus on employers and employees to contribute enough now to provide for the future. But it can be complex, and to work out who should enrol, and how much they need to contribute, you’ll need expert pensions advice.

We make auto enrolment straightforward for employers

Starting in October 2012 businesses had to automatically enrol employees into a workplace pension scheme. The number of employees you had on 1 April 2012 set the date for when you had to offer them a scheme. Even once you’ve set up a workplace pension, you still have to meet various rules and deadlines. Again, expert advice will help you make sense of it all. 

How we can help

We understand exactly how auto enrolment and group pension schemes work. We’ve advised all sorts of businesses on a range of different schemes. Our experience is that you’ll need up to 12 months to get ready for auto enrolment. But you need to have everything in place by your staging date, otherwise you could be fined. If you have any doubt at all about what you need to do, you should come and talk to us straight away.

We’ll help you take control

We can help you manage every stage of setting up your own auto enrolment scheme. So we can work with you to:

• Establish your staging date
• Assess the suitability of an existing scheme
• Assess your workforce
• Design and implement a solution
• Provide an ongoing service

You might also need to change the terms of your employment contracts, but we can help you with this by working with our colleagues in the legal team. Our advice will put you on the right track.

Our service covers it all

We can also combine your financial planning and legal management. This way we get to understand you better, and can adapt plans to suit your changing needs. And you get to save time and money. The sort of matters we can bring under this single service include:

• Inheritance tax planning – will writing, power of attorney arrangements
• Family law – protection reviews, pension sharing, savings for children, school fees
• Trust law – investments, diversification, advising trustees, long-term care
• Commercial/employment law – business protection, pensions, auto enrolment 

What to do next

We build our service around the needs of your business. We listen to what you have to say, and then we find a solution that works for you and your employees. We are regulated and authorised by the Financial Conduct Authority, which means we are accountable for all the advice that we give.

Our advisers will explain how the pension schemes work, and what you need to do, in plain language. That way, you know exactly where you stand. And you can be sure that all our advice and recommendations will be focused on getting you the best possible result.

To find out more, give us a call – we offer a free consultation and can even visit you at home if that’s more convenient. Tell us what you want to achieve and we’ll let you know how we can help.

Call our specialist Financial Advisors on 0800 013 1165

For a free initial consultation at no obligation. Alternatively, please fill out our enquiry form and an advisor will contact you.

Enquiry form