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workplace pension

Posted by David Benson on July 14, 2017 at 11:30pm in Business

has any body got quotes for running the workplace pension as I am getting quotes between  £50-£100 per month and that's just for running it, as I only employ one chap it seems expensive  

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  • PRO
    Jon Madden July 14, 2017 at 11:51pm
    My Accountant charges me £5 per week for 1 full time and 1 part time employee and this includes payroll. Speak to your accountant or continue to shop around.

    I used to do payroll myself but I got a bit scared of the pension side.

    Good luck
  • PRO
    Andrew Watts July 15, 2017 at 8:11am

    I'm using people's pension and money soft payrol and it's all linked together so simple. £300+vat setup. Annual regulatory stuff easy to do yourself.

    FSB offer a package for members for £399 setup and an all in service with all documents taken care of for £12.50 per month.

    You can go NEST with no set-up charges but the contribution fees on money paid in are higher so I didn't go that route.

    • PRO
      Nick @ NM Garden Services Ltd > Andrew Watts July 16, 2017 at 8:30am
      We have gone down the same route as Andrew but do th administration ourselves (so no further costs).
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