Every three years you must put certain staff back into a pension scheme. This is called ‘re-enrolment’.
Your re-enrolment duties must be carried out approximately three years after your automatic enrolment staging date. Your duties will vary depending on whether you identify that you have staff to re-enrol, or whether you have no staff to re-enrol. Either way, you will need to complete a re-declaration of compliance to tell The Pensions Regulator how you have met your duties.
You will need to:
In addition, we recommend that you review your existing scheme to ensure it remains suitable for your needs.
Remember, re-enrolment and re-declaration is your legal duty. If you don’t act, you could be fined.
We’ve developed a transparent charging structure for all our services.
We do not charge for a triennial review if you are already using our premier managed service, which starts from £12.50 + VAT per month. This covers up to 10 monthly-paid employees.
If you feel you can deal with the ongoing responsibilities yourself, and just want a triennial review, we charge a one-off fee of £99 + VAT for up to 10 employees (£129 for 11-20 employees; £149 for 21-30 employees – others on request). This includes all the core elements above plus a review of your existing scheme.
Please note, if there is significant remedial work to be done before your triennial review and re-declaration can be completed, you may need to switch to our rescue service first, which will be individually priced. See here for further details.
For more information and a no-obligation chat.
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