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Setting up a small group pension
Spirit_2
Posts: 5,546 Forumite
I need to set up a pension scheme for a small business. It will have 7-8 members and a monthly paybill of about £17000.
It is not for auto enrolment.
Employers contribution will be minimum 3%. Possibly more.
Can anyone tell me how I go about setting a scheme up please?
Spoke to Har Lan and SL but we will be too small for them to deal with.
If it is not possible - what do we offer to staff?
It is not for auto enrolment.
Employers contribution will be minimum 3%. Possibly more.
Can anyone tell me how I go about setting a scheme up please?
Spoke to Har Lan and SL but we will be too small for them to deal with.
If it is not possible - what do we offer to staff?
0
Comments
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http://www.thepensionsregulator.gov.uk/employers/detailed-guidance.aspx
You have seen this?
http://www.icaew.com/en/library/subject-gateways/pensions/small-business-update/action-list-how-to-set-up-a-pension-scheme
"Research off-the-shelf pension schemes. You don’t need a new pension scheme tailor-made for you. List your requirements in order of importance and contact an independent financial adviser or The Pensions Regulator, who will both advise you what would work best for your business."
http://www.startups.co.uk/setting-up-a-pension-scheme.html
Links might be worth a look.0
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