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Auto-enrolment: Pension setup and admin charges more than the contributions

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Comments

  • System
    System Posts: 178,434 Community Admin
    10,000 Posts Photogenic Name Dropper
    Another vote for NEST. Easy to set up, no fees.
    At present there are no transfers in or out allowed, but these restrictions are due to be relaxed in 2017 when the vesting date for the smallest companies is reached.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Lynnzer
    Lynnzer Posts: 62 Forumite
    Part of the Furniture 10 Posts Photogenic Name Dropper
    OK,, I'm sold on Nest and have already registered. My first employee is to be entered into the c=scheme shortly.

    Now, we have another valued member of staff who is shown as non-eligible by virtue of her wage being lower for part time work.
    We would wish to arrange for her to have some pension arrangement too. Can we include her in the NEST scheme or would it be better to just contribute to a personal pension on her behalf.
    That would supposedly diminish the administration of inclusion into NEST.
    Confucius say woman who sits on Judges knee gets honourable discharge
  • mania112
    mania112 Posts: 1,981 Forumite
    Part of the Furniture Combo Breaker
    NEST is absolutely the worst i've dealt with. Has anyone saying go with NEST used any of the others?
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