Scroll to top

Our Location:
33 Roebuck Road,
Hainault, Ilford, Essex,

Auto Enrolment

Auto Enrolment

Pension automatic enrolment makes it mandatory for employers to offer you a workplace pension that you both pay into. A percentage of the pension contribution comes out of your salary, and your employer (and the government) tops it up with “free” money.


There are 2 elements to auto enrolment:

1. Getting a scheme set up
2. The ongoing compliance and processing process


Auto enrolment – what is it?

To help people save for their retirement, the government has introduced auto-enrolment. This means that from April 2014, employers with less than 250 employees will have to automatically enrol eligible employees into a qualifying workplace pension scheme (QWPS).

It’s important to remember that your business could be fined up to £2,500 per day if it doesn’t comply, so it pays to plan ahead. The earlier you start, the smoother the process will be.


What this means?

Eligible employees will need to be enrolled into your pension scheme. Following enrolment they can chose to opt out of the pension scheme. Employers have to contribute towards eligible employees’ pension plans. Employees may also have to contribute depending on whether your payments alone meet minimum levels specified by the Pensions Regulator.

Employees who are not eligible can still choose to join the workplace pension scheme and may also be entitled to employer contributions


What you need to do

You will be given a staging date. 6 months before this you should have:

• checked which workers might need to be automatically enrolled into a pension scheme
• chosen a pension scheme and confirmed that the pension provider will accept all your workers
• ensured that your payroll system supports automatic enrolment, and
• started to make your workers aware of automatic enrolment


Why Fortuous?

A solution that takes away the headache and complexity out of auto enrolment

• A low cost, hassle free option that take’s care of everything to get you compliant
• Ability to include advice on areas such as salary sacrifice, pension provider, investment funds, contribution basis
• Electronic payslips and employee logins to access auto enrolment communications
• Fully compliant audit trail maintained electronically – no storage requirements and complete peace of mind

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Contact Us

Get An Instant Quote
For Your Business

Right Here – Right Now
Takes less than a minute.

fortuous limited accountatns instant quote