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Automatic Enrolment For UK Retailers

The automatic enrolment legislation requires UK employers from all sectors, including those in retail, to enrol all their eligible employees into a workplace pension scheme. Find out more below.

Auto Enrolment For Retailers
Workplace Pensions For Retailers Including Florists, Newsagents, Grocers, Convenience & Speciality Stores

Auto enrolemnt for retailers

Are you aware of new laws that requires all UK employers from all sectors, including those in retail regardless of what product you sell or which service you provide, to enrol all their eligible employees into a workplace pension scheme by a certain date? Failure to do so could result in a fine of up to £10,000 a day or even imprisonment.

So whether you're an online florist, a nationwide chain of department stores or a boutique pet store, you need to ensure that you are compliant by the 'staging date' set out by the government. If you're employing staff for the first time on or after 1st October 2017, you will need to provide your first member of staff with a workplace pension on the day they start work. This date is known as an employer's 'duties start date'.

So where do you start?

Choose Smart Pension and let us help you get signed up for FREE and compliant within a matter of minutes. Don't believe us? The video below explains why you should choose Smart Pension, in under 90 seconds. Quicker than you can say "how much is that doggy in the window?"

Why You Should Choose Smart Pension

Click on the short video below to find out more about the unique features of Smart Pension.

We Are Fast. Our advance technology platform enables businesses to get signed up within a few minutes, all in one sitting and on any device. We are able to do this because Smart Pension is web-based and self-serviced. We don't mess around with paper forms and old fashioned methods. Be signed up and compliant well before opening time.

We Are Secure. Our 100% encrypted site has more security features than any other UK pension provider's, so you can have peace of mind that all your information is safe and secure.

We Are Free. Companies often charge a premium to sign and set up but with Smart Pension, you don't need to pay a penny. There are NO upfront fees and NO annual costs for our standard service.

How The Smart Pension Platform Works

You're probably wondering just exactly how our FREE platform works. Take a look at the short video below, and get informed in under 90 seconds.

Other Key Features Of Smart Pension Include:

Online Management:

Once you are signed up, setting up your workplace pension is a piece of cake. Create employee groups and then make your first contribution, or simply let us do the work and we'll ensure that your employees that qualify for inclusion in your workplace pension will receive the legal required minimum contribution to their pension from your company.

Easy To Make Changes:

Once your employee details are in our system, we store them for next time, and should there be any changes - such as a change of salary for the regional branch manager or a new cashier joining the team - you can update these details within a few clicks, which is particularly helpful in retail, where employee turnover is generally quite high.

Instant Direct Debit:

Our direct debit set up is an easy, one step process whereby your bank account is verified and set up in a mere few seconds. It really couldn't be any easier.

Automatic And Compulsory Employee Documentation:

Automatically generated documentation printed with your company name and logo (optional), is sent out to employees prior to your 'staging' date to educate them on auto enrolment, and also post enrolment once your pension is set up with Smart Pension. We stay on top of these small but crucial steps so you don't have to*.

Employee Self Administration:

The ability for employees to manage their own statuses, whether to opt in or out, and also what they want their own pension contribution to be, means that you have more time to do your own job. Simple.

For further information and more details about the unique features of Smart Pension and how it could work for your retail business, you should have a look at the Why Choose Smart Pension? page page. Or alternatively, you can book an appointment to speak to one of our experienced team members via our booking form.

Smart Pension Automatic Enrolment Case Study

Before joining Smart Pension, Joan Jarman of Amlico Ltd (which owns the animal feed and pet supply retail store Amlico Animal Feeds in Wakefield), admitted that she found the new 'Pension Enrolment' legislation both "very daunting and complicated", as she, along with thousands of others, had "never had to do anything like it before". Like with many small and micro-sized businesses, employers are having to set up a workplace pension for their employees for the very first time.

Some of the key attributes that attracted Mrs Jarman to Smart Pension were its tagline characteristics. Not only is the Smart Pension platform fast and easy to use, free for employers and advisers (with no set-up fees, ongoing fees or hidden charges), its MAF accreditation, 5-star Defaqto rating and sophisticated, blue-chip investment options via its strategic partnership with Legal & General offers the utmost security. One of the other obvious advantages that Mrs Jarman felt Smart Pension offered prior to joining was the quality of advanced, innovative tools and a highly experienced support team on standby to offer guidance as and when needed.

To help Mrs Jarman overcome her automatic enrolment dilemma, she utilised Smart Pension's Live Chat customer support feature. "I regularly make mistakes and require help from them to talk me through the correction process!". The Smart Pension support team "spoon fed me, step-by-step", and "I was able to sail through the whole process, from setting up employees details through to the weekly contribution schedule!". The support team were able to resolve Mrs Jarman's issue "with loads of patience and straightforward layman's terms…no jargon!". He added "The advantages I have found with Smart Pension is that they basically do everything, the employer only has to download the information and the rest is done by Smart Pension!"

As a result, Mrs Jarman highly recommends Smart Pension to other businesses going through the auto enrolment process, stating "I honestly haven't come across any problem that your customer service team haven't been able to resolve, therefore, at the moment, everything is perfect!"

More Information

Still not so sure what auto enrolment is? For more information on auto enrolment, this short video, Auto enrolment explained, tells you what it is and what it means for UK businesses.

Worried about penalties and how it could apply to you? For more information on penalties, this short video, Penalties explained, tells you about the fixed and daily penalties that can be issued to companies by The Pensions Regulator.

* Please note that you are responsible for meeting your deadlines, not us. We cannot accept any responsibility if you miss your deadline.

Smart Pension is designed specifically for auto enrolment but is tailored to meet your retail business needs.

The Smart Pension automatic enrolment workplace pension platform is also well suited to the needs of other sectors, particularly those with a higher turnover, such as hospitality businesses, construction businesses, employment/recruitment agencies, call centres, farm owners, and employers of home helpers/domestic staff such as personal carers, nannies and cleaners.

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