Workplace Pension Recommendations

coolagarry

My daughter owns a small hairdressing salon with only one assistant who earns £1100pa. Her assistant is not concerned about a pension but has to have one because of legislation. My daughter doesn't want to get involved with paying over the odds for such minimum requirements.


Can anyone recommend a company that provides a 'no frills' Workplace Pension scheme with minimum costs.


Any advice appreciated.

Your_Hero

coolagarry wrote: »

My daughter owns a small hairdressing salon with only one assistant who earns £1100pa. Her assistant is not concerned about a pension but has to have one because of legislation. My daughter doesn't want to get involved with paying over the odds for such minimum requirements.

Can anyone recommend a company that provides a 'no frills' Workplace Pension scheme with minimum costs.

Any advice appreciated.

She can look at the government's auto enrolment pension NEST (http://www.nestpensions.org.uk/schemeweb/NestWeb/public/home/contents/homepage.html)

or NOW pensions http://www.nowpensions.com/

or the FSB pension scheme http://www.fsb.org.uk/pension-scheme

addedvaluebob

Assuming that the figure you meant to type was £11,000 then she could use NEST and do it all on-line

SomeUser

Go for nest over fsb. Fsb might get better in future be there are grave concerns over Scottish Widows administration capacity right now.