Auto-enrolment & Payroll
Since auto enrolment was introduced in 2012, it has encouraged millions of people to save for their retirement. By law, every company in the UK now has an obligation to provide their employees with access to a qualifying auto enrolment pension scheme. In addition, employers must regularly issue certain communications to employees and manage the ongoing duties such as opt ins/outs and tri-annual re-enrolment. Failure to meet these strict requirements can result in an initial warning and subsequent fine from The Pensions Regulator.
Auto-enrolment isn’t just about having a pension scheme in place which meets the new legislation. The much steeper task is keeping your employees aware of all the changes, as well as implementing the systems and keeping these updated. At ECP we understand that the new legislation can be daunting, confusing and complex. We can help by providing clarity and guiding you through every stage of the process – from the initial free consultation and a tailor-made proposal through to on-going support.
SuperTrust is a web based auto enrolment pension scheme administered by Emsworth Corporate Planning for employers who require a simple, safe and cost effective solution that meets their business requirements.
We offer employers a comprehensive service which includes the selection and set up of an auto-enrolment pension scheme, along with the completion of all communication and compliance requirements. Through the SuperTrust online portal, both employers and employees are able to access current plan valuations and make changes to their own investment strategy.
Auto enrolment is not just about pension saving, but is predominantly a payroll issue. As such, for successful ongoing management, both the pension and payroll must work closely in tandem.
In addition to auto enrolment HR services, we are also able to process company payrolls of any size and frequency. Our flexible software fully integrates with our auto-enrolment solution, providing payroll to pension symmetry. This software also provides employee access, issuing payslips and P60’s directly via email, cutting out administration requirements for the employer.
Via the PayRate payroll processing software, we can complete the following tasks on your behalf:
- Set up of payroll software and migration from previous payroll provider
- Processing of payroll of any frequency (weekly, monthly etc)
- Obtaining tax codes via direct link with HMRC
- Submission of RTI directly to HMRC
- Administration of new joiners and leavers
- Generation of payslips via email
- Generation of P45’s / P60’s
- P11Ds if required
- Upload of auto enrolment pension contributions