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    • pollyanna24
    • By pollyanna24 24th Feb 17, 3:36 PM
    • 3,628Posts
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    pollyanna24
    Staging Date 1st April 2017
    • #1
    • 24th Feb 17, 3:36 PM
    Staging Date 1st April 2017 24th Feb 17 at 3:36 PM
    My boss has received a letter saying his staging date is 1st April 2017 (I am his only employee, paid through PAYE).

    He already contributed into a private pension I set up a few years ago as his payroll told him that would the simplest thing to do.

    Will he still have to set up a workplace pension scheme even though he already pays into my private pension or just notify The Pensions Regulator?

    I have a monthly direct debit (over what the minimum I have to pay) going into the pension, but my boss pays the 1% that he would have to pay under the new rules.
    Pink Sproglettes born 2008 and 2010
    House Worth (approx) - 383,000
    Mortgages (3rd May 2017) - 184,179.38
    Equity - 198,820.62
Page 1
    • Tcquins
    • By Tcquins 27th Feb 17, 7:19 PM
    • 11 Posts
    • 7 Thanks
    Tcquins
    • #2
    • 27th Feb 17, 7:19 PM
    • #2
    • 27th Feb 17, 7:19 PM
    Hi Polly,

    if the private pension you have set up already doesn't qualify as a QWPS (a qualifying workplace pension scheme), and i suspect it doesnt as it sounds like a SIPP, then there's a couple of options to consider.

    He could set up NEST, which is free, then you could simply opt-out of it, and then he could continue contributing to your private pension. Its a bit of a faff- he has to complete the declaration of compliance etc.

    You should also bear in mind that he's obligated under auto-enrolment rules to increase the employer contribution to the levels set by the government, but not if you opt out; then its dictated by your contract.

    Or he could contribute to both schemes or just the NEST scheme if you remained in it.
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