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Workplace pension providers

19th Apr 2017

Picking the right pension for your employees is important.

You can read why, here.

This is our selection of workplace pension schemes that we can set up directly on your behalf without using a 3rd party adviser (last updated: 14/11/2019).

Pension providerCost to youCost to employee (% of pension pot per year)Employee communicationsTax reliefEthical fund options
nest small
None0.3% annual charge
+ 1.8% on each new contribution made
red-cross-iconBasic rategreen-check-icon
£12.50 +VAT per month* for 1-4 employees
£20 +VAT per month* for 5+ employees
0.5% annual charge
+ £1.50 per month**
green-check-iconNet payred-cross-icon
£300 +VAT one off set up fee*0.5%red-cross-iconBasic rategreen-check-icon
Smart pension logo
None0.75%green-check-iconNet payred-cross-icon
* Lower application charges through Biznus Payroll. ** Lower charge of 30p per contribution for salaries under £18,000, until Oct.

There are other pension schemes available and if you would like information on other pension providers we strongly advise that you engage the assistance of a regulated independent financial adviser.