As well as the government managed scheme ‘NEST’, there are several pension providers that offer auto enrolment compliant workplace pension schemes.
A variety of factors will determine what is the best employee pension scheme for your business, for example; some may have higher management fees, but cost you less with in-house administration. As well as, your flexibility requirements, for example; allowing you to increase contributions beyond the mandated minimum should your business wish to offer this benefit to employees.
Although government mandated, many do not realise the amount of choice available with workplace pensions. As part of our services we provide a full assessment of your capacity and needs in order to find the best fit for your business. As Independent Financial Advisers we have access to the whole market of pension providers, which, along side our due diligence measures makes certain we can find a scheme that is both good value and of a high quality. And, as we are fee charging to our clients and not reliant on commissions, we are only incentivised by what is most suitable for your business.