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People's Pension: New Small Business Solution Now Live

To help people save more for their retirement, all employers must now put certain types of employees into a pension scheme and pay money into it – this is called automatic enrolment.

New full support automatic enrolment solution

The People’s Pension, provided by B&CE, is a simple solution to automatic enrolment and it now offers a full support solution aimed at small businesses.

This new solution offers our members everything you need to meet your automatic enrolment duties:

  • a fast-track sign-up process
  • a high level of support throughout the life of the scheme
  • simplified, easy to use online systems
  • flexible administration options, even if they have no payroll software
  • a UK based call centre with extended opening hours for one-to-one support.

It’s a simple, hassle-free and high support solution for busy people who’d rather spend time running their business than trying to run a pension scheme.

Reduced charge for members

Businesses with a staging date from January 2016 onwards that sign-up to The People’s Pension will pay a one off set-up charge of £500 plus VAT. It will also apply to those that have a 2015 staging date and sign up from 1 January 2016 onwards.

There will be a reduced charge of £300 plus VAT for our members.

What this means for you:

  • high standards of service and support
  • ongoing support during the life of your scheme
  • no ongoing charges for employers
  • a low annual management charge of 0.5% for members of The People’s Pension – same as it’s always been.

You won’t be charged if you’ve already signed up to The People’s Pension and need to add a new subsidiary company to your scheme and/or you’re an existing customer of any of B&CE’s other products – EasyBuild, Employee Accident Cover and Employee Life Cover.

How you get the reduced charge

  1. Sign up to The People’s Pension from their hub, on our website – select the ‘sign-up now’ button and you’ll automatically go to the start of the sign-up process, or
  2. Sign up to The People’s Pension from their website at www.thepeoplespension.co.uk/moreinfo

During sign-up you’ll be asked for a code to get the reduced charge – your code is Z15-PDA3 .

If you forget your code, simply go to The People’s Pension hub, on our website, and select the ‘get your code’ button. The code will then be emailed to you. 

For more information about The People’s Pension or to sign up from their website, visit www.thepeoplespension.co.uk/moreinfo.

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