Since October 2012, employers must automatically enrol workers into a workplace pension.
As part of the new pension Auto Enrolment legislation a number of new employer duties & responsibilities have been introduced to ensure millions of job holders are given access to a workplace pension, many for the first time.
We remove the administrative burden
Opt Pensions can help employers not only understand their new responsibilities but also ensure that they meet all their auto enrolment legislative requirements by:
Providing a pension scheme that suits their and the legislative requirements
Automatically re-enrolling employees approximately every 3 years
Keeping records for at least 6 year
Identifying the correct date they must start auto enrolling their employees (this is known as the ‘Duty Start Date’)
Assessing / categorising the workforce
Automatically enrolling all eligible workers
Providing communication to the workforce about how the auto enrolment legislation affects them
Ensuring ongoing contributions (employers and employees) are paid into the scheme
Root Online System
Our unique online portal, ‘Root,’ allows employers to manage their auto-enrolment duties online via a simple, easy-access format. Click here to learn more about the Root system.
We also offer an assessment service, whereby all uploads will be run by Opt Pensions, in-house, for a nominal ongoing fee, completely taking this duty off your hands and allowing you to get back to your own job. Click here to learn more about our services.