This will help you to decide which workplace pension service you need.
Use our Premium Service if you want to take the hassle out of setting up and running your workplace pension scheme.
Our Basic Service is suitable if you want to set up a pension scheme yourself and manage the aspects of the pension that fall outside of payroll.
If you need to choose a pension, we work with a number of pension providers offering pensions that we think are suitable for nannies. If you want a wider choice you can use the pension selection service provided by Pension Playpen.
Workplace Pension Services
| What we do What we don’t do | Basic £60 a year | Premium £100 a year | Pension Playpen add on £175 one off |
|---|---|---|---|
| Pre-staging | |||
| 15-minute phone consultation on pensions configuration | |||
| Pension scheme application | |||
| Configure worker group | |||
| Choose a pension scheme | |||
| Accept terms for the scheme | |||
| Set up a scheme criteria in payroll | |||
| Carry out a pre-assessment | |||
| Complete scheme assessment due diligence | |||
| Post-staging | |||
| Calculate monthly contributions (employer/employee) | |||
| Ongoing job holder assessments | |||
| Check pension provider portal for amendments such as opt ins, opt outs and AVC requests | |||
| Apply postponement | |||
| Process opt in and opt out requests | |||
| Process leave requests | |||
| Process opt out refunds | |||
| Member data transfer to pension portal via CSV | |||
| Member data transfer to pension portal via API | |||
| Manual entry and management of member data | |||
| Transfer of contributions data via CSV | |||
| Transfer of contributions data via API | |||
| Manual contribution data entry | |||
| Issue statutory employee communications if required | |||
| Authorise monthly DD payment to pension portal | |||
| Complete employer declaration of compliance | |||
| Carry out re-enrolment assessment | |||
| Complete employer re-declaration of compliance | |||
| Store an audit trail of compliance admin |