Auto-enrolment services
There are 4 main areas of Auto-enrolment that Sterling North can help employers with.
1) Free consultation – The first stage of planning involves an initial meeting with one of our qualified advisors. This is a good opportunity to thrash out all the options available for your business. Those who already have an existing workplace pension schemes in place might like to make any information held available, so that the necessary research and analysis can be conducted by the Independent Financial Advisor (IFA).
2) Recommend – After the initial meeting/ consultation the IFA will deliver their recommendations, in some instances the expertise of a second industry specific person might be of benefit. Upon receiving this information you will be allowed to absorb the information and think about the options available. There are no pushy sales, and any fees will be explained up front. (Not all companies require the same workload thus costs may vary.) Once a decision has been made the IFA will then go about the implementation of pension scheme. (The biggest cost to most companies is going to be time, so let our advisors take off some of the workload).
3) Administration – Depending on the size of the company their is the potential for a lot of extra administration. Again let our advisors and their dedicated team assist you. The option is there for you to let our advisors speak to those departments or individuals who are going to be effected mostly by auto-enrolment, for instance the pay role.
4) Annual review – Once the scheme is up and running your benefits don’t end there. Our team our dedicated to the longterm performance of your pension scheme.We will conduct ongoing regular reviews to make sure your pension scheme is working as well as is should be. Our advisors are available to discuss the scheme and benefits to employees through presentations and meetings. In addition the enrolment into your work place pension scheme also allows the direct access of all employees to an appointed IFA.
For more information please feel free to contact us.
