UK Pensions FAQs: Auto-Enrolment, Employee Contributions, and Workplace Pension Schemes

UK Pensions FAQs: Auto-Enrolment, Employee Contributions, and Workplace Pension Schemes

At Givver, we’ve gathered the most common questions we hear about workplace pensions and auto-enrolment, and we’ve compiled them into this document to make it easier for you to find the answers you need. We’re here to help you navigate pension schemes and compliance with confidence.

If you have any additional questions or need further support, don’t hesitate to reach out to us help@givver.io —even if you’re not an existing customer. Our team is always ready to assist you with any queries you might have!

Can employees choose their own pension provider?

👤 An employee has requested that their pension contributions go to a different provider that we’re not currently set up with. Is it feasible to accommodate this for a single employee?

🧠 While it is possible to direct contributions to a different provider, it’s often not recommended due to the complexity involved. Setting up a separate pension scheme for one employee can lead to additional setup costs and extra admin fees.

Additionally, this could set a precedent, leading other employees to request similar arrangements.

It’s usually best to offer a single pension scheme for all employees and let employees decide whether to opt out should they wish to set up their own personal pension plan. However, if you decide to establish a separate one, remember it must be an auto-enrolment scheme.