TedStarzec Posted September 19, 2016 Report Share Posted September 19, 2016 Is it just me? Noone else that I speak to has had to register for workplace pensions. Not only have I had to register, I have had to have my staff pensions in place by March 2016. My daughter manages an international company and they have their activation date for next year! Everything is done now and it is not as complicated as you might think to set it up. Has anyone else had any experiences with the "pensions regulator"? pee 1 Quote Link to comment Share on other sites More sharing options...
grahamparker Posted September 19, 2016 Report Share Posted September 19, 2016 Our setup date is may 2017. We are waiting till 3 months beforehand. Quote Link to comment Share on other sites More sharing options...
petercoulson Posted September 19, 2016 Report Share Posted September 19, 2016 Ours is just coming on line now, seems complicated but not too bad so far Quote Link to comment Share on other sites More sharing options...
Paul_ Posted September 19, 2016 Report Share Posted September 19, 2016 I did ours about 6 months ago, I firstly tried to sign up with one of the large providers (can't remember which one but Prudential or somebody) but that involved huge fees. I ended up using Nest, a government body set up to make workplace pensions more simple. It's a very no frills service but I does exactly what it's supposed to do. Quote Link to comment Share on other sites More sharing options...
Broms Cobb Posted September 21, 2016 Report Share Posted September 21, 2016 FSB Quote Link to comment Share on other sites More sharing options...
hibsjo(SCO) Posted September 21, 2016 Report Share Posted September 21, 2016 FFS! carry on! k4mrc 1 Quote Link to comment Share on other sites More sharing options...
Auto Key Wizard Posted September 27, 2016 Report Share Posted September 27, 2016 It is not compulsory to give a work place pension if your employees don't want one. Quote Link to comment Share on other sites More sharing options...
hibsjo(SCO) Posted September 27, 2016 Report Share Posted September 27, 2016 it is compulsory to set it up my wizard friend you can then stop paying them after the first month if they do not want to continue with it thats what i have been told carry on! Quote Link to comment Share on other sites More sharing options...
grahamparker Posted September 27, 2016 Report Share Posted September 27, 2016 We have been told exactly the same as Jo, you MUST set one up even if your employees opt in or out. Quote Link to comment Share on other sites More sharing options...
petercoulson Posted September 27, 2016 Report Share Posted September 27, 2016 Exactly, it is up to your employees to opt out after their first payment. You will get a large fine if you don't do this. https://www.gov.uk/workplace-pensions-employers Quote Link to comment Share on other sites More sharing options...
hibsjo(SCO) Posted September 27, 2016 Report Share Posted September 27, 2016 Can i ask how much is every one paying? my first quote was £2000 per employee (from the bank) wankers! im paying £250 per employee carry on! Quote Link to comment Share on other sites More sharing options...
petercoulson Posted September 27, 2016 Report Share Posted September 27, 2016 Can i ask how much is every one paying? my first quote was £2000 per employee (from the bank) wankers! im paying £250 per employee carry on! For what? I've done all our pensions on line no cost apart from contributions Paul_ 1 Quote Link to comment Share on other sites More sharing options...
TedStarzec Posted September 27, 2016 Author Report Share Posted September 27, 2016 Me too. The government has set up a company called NEST. Free to set up, no running costs (as yet) and very helpful customer service. Website isn't very user friendly though. Quote Link to comment Share on other sites More sharing options...
k4mrc Posted September 27, 2016 Report Share Posted September 27, 2016 Can i ask how much is every one paying? my first quote was £2000 per employee (from the bank) wankers! im paying £250 per employee carry on! FSB £299-00 Total all employees but I paid 12 months ago as I figured the nearer it gets to the deadline the more it will cost, In fact one of my neighbouring businesses told me she was quoted one price six months ago and more now? Quote Link to comment Share on other sites More sharing options...
Danny King Posted October 2, 2016 Report Share Posted October 2, 2016 We are with nest... Not had any problems and no huge costs. Went with them as easy to use website not like some of the big company's with fancy expensive websites... Paul_ 1 Quote Link to comment Share on other sites More sharing options...
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