Our nanny workplace pension service is unique. This is because we believe in giving our nanny employers a choice, rather than offering just one option, such as NEST.
This is our selection of low-cost, small-employer-friendly pension schemes that we can set up directly on your behalf.
| Pension provider | Scheme's cost to you | Cost to employee % of pension pot per year | Employee communications | Ethical fund options | Suitable for payroll frequency |
|---|---|---|---|---|---|
 | £0 | 0.3% of employee's pension contributions + 1.8% of each new contribution |  |  | All |
 | £0 +VAT (via Pay My Nanny) Or £500 +VAT if you apply directly | - £0.38 per month (this charge is not taken from pots below £104.50 when the charge is calculated) - a management charge of 0.5% of the value of the pension pot each year (just 50p for every £100 in the pot) - a rebate on the management charge, between 0.1% for savings over £3,000 and 0.3% for savings over £50,000 | | | All |
Other pension schemes are available via Pay My Nanny, but have become less popular due to the monthly employer fees applied to having a scheme. However, if you are still interested in exploring these options, click on the links below to the pension provider’s website: –
More pension schemes are available in the marketplace, but you would need to inquire directly with the pension provider or via an Independent Financial Advisor.
A small list of available pension schemes is on The Pension Regulator website, but this is not an exhaustive list: –
