Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • pollyanna24
    • By pollyanna24 24th Feb 17, 3:36 PM
    • 3,790Posts
    • 4,649Thanks
    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) - 400,000
    Mortgages (3rd Nov 2017) - 180,813.85
    Equity - 219,186.15
Page 1
    • Tcquins
    • By Tcquins 27th Feb 17, 7:19 PM
    • 52 Posts
    • 31 Thanks
    • #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.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,065Posts Today

8,702Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line?

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin