Auto Enrolment Pension Scheme

Started by Under Lights, October 30, 2013, 09:31:13 AM

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Under Lights

October 30, 2013, 09:31:13 AM
Any accountants/HR/Payroll Clerks out there?

I am having serious problems trying to set up an Auto Enrolment Pension Scheme.
I was talking to a Financial Advisor who has informed me that a lot of big providers are washing their hands of it due to the amount of administration and legislation surrounding it. It basically isn't profitable enough for the amount of work they have to do.

We have a go live date of 1 April 2014.

Anyone else having this problem?

gallsman

#1
October 30, 2013, 10:54:19 AM
Quote from: Under Lights on October 30, 2013, 09:31:13 AM
Any accountants/HR/Payroll Clerks out there?

I am having serious problems trying to set up an Auto Enrolment Pension Scheme.
I was talking to a Financial Advisor who has informed me that a lot of big providers are washing their hands of it due to the amount of administration and legislation surrounding it. It basically isn't profitable enough for the amount of work they have to do.

We have a go live date of 1 April 2014.

Anyone else having this problem?

Zurich in the UK certainly not washing their hands of it. :)

Under Lights

#2
October 30, 2013, 10:57:33 AM
Quote from: gallsman on October 30, 2013, 10:54:19 AM
Quote from: Under Lights on October 30, 2013, 09:31:13 AM
Any accountants/HR/Payroll Clerks out there?

I am having serious problems trying to set up an Auto Enrolment Pension Scheme.
I was talking to a Financial Advisor who has informed me that a lot of big providers are washing their hands of it due to the amount of administration and legislation surrounding it. It basically isn't profitable enough for the amount of work they have to do.

We have a go live date of 1 April 2014.

Anyone else having this problem?

Zurich in the UK certainly not washing their hands of it. :)

Aviva seem to be. Do you have a contact in Zurich that you could PM to me?

playwiththewind1st

#5
October 30, 2013, 07:11:55 PM
Quote from: Under Lights on October 30, 2013, 09:31:13 AM
Any accountants/HR/Payroll Clerks out there?

I am having serious problems trying to set up an Auto Enrolment Pension Scheme.
I was talking to a Financial Advisor who has informed me that a lot of big providers are washing their hands of it due to the amount of administration and legislation surrounding it. It basically isn't profitable enough for the amount of work they have to do.

We have a go live date of 1 April 2014.

Anyone else having this problem?

Auto-enrolment & massive changes to the local government pension scheme next year - Am getting caught in a pincer movement here!!
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