Pensions Savings & Investments

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Accounted For provides payroll services which include automatic enrolment services.

If you are an employer, if not already, this is something which needs to be administered usually in line with the payroll. Accounted For provides this service and able to:

  • Complete automatic pension assessments
  • Send pension data to your chosen pension provider
  • Send pension correspondence to workforce

Our automatic enrolment pension service allows us to correctly:

  • Assess workforce existing/new employees eligibility
  • Manage opt-ins, opt-outs and postponements
  • Calculate employee pension contributions
  • Calculate company pension contributions
  • Send pensions data directly to pension providers
  • Generate legally worded pension correspondence for employees printed and/or emailed at the appropriate time, record what was sent and when

The Pensions Regulator http://www.thepensionsregulator.gov.uk/automatic-enrolment.aspx?campaign=087DWPemployers2014  provides substantial amounts of further information such as:

What is automatic enrolment?

The law on workplace pensions has changed. Every employer with at least one member of staff now has new duties, including putting those who meet certain criteria into a workplace pension scheme and contributing towards it.

This is called automatic enrolment. It’s called this because it’s automatic for your staff – they don’t have to do anything to be enrolled into your pension scheme. But it’s not automatic for you. You need to take steps to make sure they’re enrolled.

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