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Robinson Reed Layton Margaret Hawken MCIPP (dip) Payroll and Pension Services.

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Presentation on theme: "Robinson Reed Layton Margaret Hawken MCIPP (dip) Payroll and Pension Services."— Presentation transcript:

1 Robinson Reed Layton Margaret Hawken MCIPP (dip) Payroll and Pension Services

2 Pension Reform and Auto Enrolment DON’T PANIC! We are here to help The majority of small and medium sized business will stage in 2016 and 2017

3 Robinson Reed Layton & DCN Who are we? BACS Registered Bureau Dedicated Payroll Team

4 Payroll Services Team – Working with our clients to provide a seamless service Importing variable data Emailing password protected reports and payslips Auto Enrolment Research –Staging Dates –Assessment –Preferences New Clients

5 Employer Staging Dates

6 2017 845,250 employers 230 working days 3,675 employers staging per day Will the systems cope? Prepare early

7 Getting Ready – Working with your IFA (Independent Financial Advisor) Initial overview meeting Choice of Pension Scheme Assessing employees – data provision Setting up the scheme and acting as agents Scheme charges Let us know and we can help you get there

8 Getting Ready – Communication to Employees Robinson Reed Layton can be a key part of your communications strategy for auto enrolment The standard letters from Sage use The Pension Regulator specified wording General notices can be sent to all employees any time in advance of your staging date Or can be emailed to employees’ home email addresses (with employees’ permission)

9 Pension Output Standard reports for major providers in place Bespoke reports or interfaces can be produced on request Data is available in various formats: PDF CSV Excel spreadsheets Text Files Paper copies → File upload

10 Going Live – Calculating Pension and Producing Enrolment letters Going live – this is the exciting part – now you are ready for go live! Once the staging date has been reached, we can assess all employees on your first live run Deduct contributions as per the scheme rules Postpone employees with pay spikes, new starters etc as per scheme rules Produce letters to employees who have been enrolled and postponed

11 Record Keeping and Administration Paper Paper If you recognise yourself in this picture, it will only get worse when you reach auto enrolment! By using Robinson Reed Layton’s services for Payroll and Pension processing, we can take this administrative burden away from you

12 Robinson Reed Layton & DCN How we can help you Standard payroll processing & RTI Pension assessment for auto-enrolment Communications Contribution calculation Pension output Record keeping

13 Pension Reform and Auto Enrolment Question Time www.rrlcornwall.co.uk/events


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