AE in a Box will point you in the right direction with auto-enrolment.
Simply put the State can’t afford to support everyone in retirement anymore as people are living longer. There just aren’t enough people working to support the number of individuals in or nearing retirement and that situation is only going to continue. Auto enrolment is part of a government initiative to increase private retirement savings. As part of the Pensions Act 2008, all eligible employees must be automatically enrolled into their company pension. The deadline by when each employer has to comply with this new legislation is based on the total number of people in the employers PAYE scheme and it’s called your staging date. The theory sounds straight forward enough but the implementation is far from simple. Auto-enrolment applies to every employer including you.
Auto enrolment requires planning. Putting an effective plan in place needs the knowledge, expertise and resources which comes from understanding what needs to be done, how and when.
Even if you have a workplace pension in place you’ll need to check that it complies with the new rules and that you’re following all the other tasks now required. To do this you can either do it yourself, hire an adviser or access easy to use software that will guide you through the entire process.
AE in a Box® brings all this knowledge and expertise together all in one place, by providing a software solution that lets you know what tasks you need to do by which date, with relevant instructions and links for you to successfully perform each one.
It’s costs just £29 (+VAT) per month, with no contract and a one off sign up fee of £79. This truly is an investment in ensuring you have the proper measures in place to manage auto-enrolment effectively and compliantly.
If you would rather use our Unique Reference Code to sign up to the service then please insert the following code when prompted: WECJN1TNNH
For further information and to see how AE in a Box can help your nursery then please watch this video.