Pensions and auto enrolment

Welplan Pensions is open to any employer in any industry, and offers a qualifying pension scheme for auto enrolment

Advisers tell us they want to be sure that they are recommending a trustworthy provider. Welplan has been supporting companies for over 50 years, so you can be sure you are putting the needs of your clients in good hands. We support employers in all sectors and we are experienced at running industry-wide, multi employer schemes.

 

How will auto enrolment affect my clients?

Complying with Auto Enrolment can seem like a daunting prospect for your clients, especially when they have a business to run. By recommending Welplan, you’re giving them a trusted pension provider and taking away the hassle, letting them get back to what they do best.  

Through auto enrolment, every employer with one or more employees has to contribute to a pension for their eligible workers. 

Auto enrolment is compulsory and your clients could face a financial penalty if they don’t comply.  We believe pensions should be simple, clear, and easy to communicate, taking the hassle away from your clients.

Why choose Welplan as your trusted partner?

Open to all

Open to all employers no matter what size they are or what sector they work in

No Extra Charges

There is no cost to either you or your clients

Master Trust Assured

Operates within a Master Trust framework governed by independent trustees

PQM Ready

Industry accreditation signalling strong governance and clear communications 

Personal Service

We offer a dedicated team to support both you and your clients

Track Record

Welplan has delivered Pensions for over 25 years and employee benefits for over 50 years

Experience

Experienced at administering single employer schemes

Additional Support

We can provide a workforce assessment facility and employee communication templates

Some key facts about the pension scheme Welplan offers:

Employees are automatically enrolled in the default lifestyle investment strategy, but can self-select from nine funds to invest in depending on attitude to risk

Funds are managed by Legal & General Investment Management, one of Europe’s largest asset managers and a major global investor

Welplan Pensions has an Annual Management Charge (AMC) of 0.6% (for the Lifestyle strategy) and no other charges for you, your clients or their employees

Where can I find out more?

You can find out more about Auto Enrolment in our video.

For more advice, or to set up a scheme for a client, contact one of our dedicated team on contact@welplan.co.uk or 0800 195 8080.

The Pensions Regulator has produced an online animation tailored to advisers, which you can find here.

Welplan has produced some auto enrolment articles in association with Accounting Web, which you can find on our feature articles page.