Pensions & Auto-Enrolment
At YM Accountants, our pensions and auto enrolment service is designed to make workplace pensions simple, easy and efficient for you. Even for a small company with a few employees, setting up a workplace pension plan may be complicated, time-consuming and costly, so we handle your pensions and auto enrolment responsibilities from start to finish.
We begin by reviewing your workforce and confirming which members of staff are affected by pensions and auto enrolment. We explain your duties in plain language, so you know exactly what has to be done and by when. Our team helps you choose a suitable pension provider, agree contribution levels and make sure everything is aligned with your payroll so the process runs smoothly every month.
Once your scheme is set up, we continue to support you with all the ongoing pensions and auto enrolment tasks. This includes monitoring who becomes eligible, processing opt-ins and opt-outs, updating records when people join or leave, and making sure your re-enrolment duties are met on time. Our aim is to take the stress out of pensions and auto enrolment so you can focus on running your business while staying fully compliant.
Auto-Enrolment Service
- Planning
- Understand your staging date
- Identify your eligible employees
Auto Enrolment Eligibility Criteria
- Collect key information from employees
- Determine your payroll and HR process
- Review employee contract for any legal issues
- Identify and select key points of contacts
Pension Provider & Asses Costs
- Choose a suitable pension scheme
- Minimum and maximum contribution
- Integrating HMRC recognised payroll software
Implementation
- Set up pension scheme
- Have all employees registered
- All relevant contributions calculation through payroll
- Set up any integrations of payroll with pension provider
- Submit required information to pension provider
At YM Accountants, our pensions and auto enrolment services are designed to make workplace pensions straightforward for employers of all sizes. Even if you only have a few employees, setting up and running a compliant pension scheme can feel complicated, time-consuming and risky, so we guide you through each step with clear, practical advice.
We explain your automatic enrolment duties, help you decide which employees are eligible and show you what contributions need to be paid and when. By combining our pensions and auto enrolment expertise with your existing payroll and HR processes, we make sure your scheme is not only compliant, but also efficient and easy to manage day to day.
As part of this service, we follow the latest guidance from The Pensions Regulator , which explains employers’ duties for workplace pensions and automatic enrolment, and from GOV.UK guidance on enrolling staff into a workplace pension . These trusted sources, combined with our tailored support, help you stay fully up to date with the rules.
How our pensions and auto enrolment service works
We start by reviewing your workforce and identifying who will be affected by automatic enrolment. Then we help you choose a suitable pension scheme, agree contribution levels and integrate everything with your HMRC-recognised payroll software so deductions and employer payments are calculated correctly.
- Clarify your duties start date and key deadlines for automatic enrolment.
- Identify eligible employees and those who can opt in or join the scheme.
- Select a pension provider that is prepared for auto enrolment and meets regulatory criteria.
- Set up simple processes for monitoring eligibility, opt-ins, opt-outs and changes in staff status.
- Ensure contributions are calculated through payroll and submitted to the pension provider on time.
- Support you with re-enrolment and ongoing record-keeping requirements.
Our aim is to remove the stress from pensions and auto enrolment so you can focus on running your business, confident that your legal obligations are being met.
Our pensions and auto enrolment service works closely with our other support, including Payroll, Accounting, Taxation, Business Support and Consultation & Advice. Together, these services give you a joined-up approach to finance, compliance and long-term planning.
Ready to get help with your workplace pension duties? Contact YM Accountants today to discuss your pensions and auto enrolment requirements and see how we can support your business.