Ortsa

  • Posts: 84
Good Auto Enrol Pension Scheme?
« on: June 16, 2020, 07:47:31 pm »
Can anyone recommend a good pension scheme? I have spoken to a few and all have a 5+ minimum number of employees requirement.
I have one chap who works with me, qualifies for auto enrolment and would like a pension.

I will be doing payroll through quickbooks

Any advice appreciated. thanks

Stoots

  • Posts: 6060
Re: Good Auto Enrol Pension Scheme?
« Reply #1 on: June 16, 2020, 07:49:56 pm »
I used NEST before, easy enough to setup yourself.

Simon Trapani

  • Posts: 1482
Re: Good Auto Enrol Pension Scheme?
« Reply #2 on: June 16, 2020, 08:24:54 pm »
I used the Nest one also for my employee. I did find it complicated at times though but it integrates with my Brightpay payroll software to a degree. He opted out 3 years ago but has enrolled this time round.

I couldn’t really care less if it performs well or not. Was just fulfilling my legal responsibility. Complete joke imo that I even have to offer it, let alone pay into it.

Soupy

  • Posts: 19541
Re: Good Auto Enrol Pension Scheme?
« Reply #3 on: June 16, 2020, 09:12:21 pm »
They are all gash. It's a con, does my nut in.

I use nest, it's pish. So bad, I recently received a threatening letter from them saying I'd be investigated by the regulator if I didn't stump up £0.00 immediately.

It felt like a literal auditor trap.

Every line of serious work that I have written since 1936 has been written, directly or indirectly, against totalitarianism and for democratic socialism, as I understand it - George Orwell

david mark

  • Posts: 468
Re: Good Auto Enrol Pension Scheme?
« Reply #4 on: June 17, 2020, 01:43:58 pm »
They threatened me every month a about late payment. But it's always Nest making the mistakes. Really fed up with them Thankfully Employee is living soon so they will close the account .

NWH

  • Posts: 16952
Re: Good Auto Enrol Pension Scheme?
« Reply #5 on: June 17, 2020, 02:57:21 pm »
They are brilliant pensions people feel privileged when they receive 20 grand of their money that they’ve paid in after 25-30 years,they then sit down and realise that if they live till 120 they’ll get some of their money back given out to them in a pittance every month.
The best pension is bricks and mortar and under the thing you lay your head every night,it’s called a pillow.