Auto Enrolment Case Study

An example of how we have made a business considerable savings whilst ensuring they comply with Auto Enrolment Legislation;

In this example the business concerned employs 98 people, with an average salary of £26,500.

Our extensive independent research made a significant saving of £24,248. This will be achieved by the employer by 2018 through the implementation of a Salary Exchange Scheme. This saving could also be passed to the employees as an extra benefit, at no cost to the employer.

Further savings have also been achieved when the pension provider included all the required IT tools to ensure Auto Enrolment compliance, without the cost of additional software.

In addition to the savings for the company, the employees also benefited from a reduction in the Annual Management Charge levied against their fund (by the Pension Provider) from 1% per annum (in their old group personal pension scheme) down to 0.3% per annum (in their Auto Enrolment pension scheme).

Please contact us to arrange a free initial consultation, to hear how we can help guide you through the Auto Enrolment minefield.