Step 2 Choose a pension scheme (or check your existing one)

You should do this approximately 6 months before your staging date as this can take some time to complete.

You’ll need to have a pension scheme that is set up for automatic enrolment. You and your staff will pay money into this scheme to help your staff save for their retirement.

Unless you want to use an existing pension scheme for automatic enrolment, you’ll need to find a scheme yourself or get help from your accountant or a financial adviser.

Further information

Please note that there are many other pension schemes available that aren’t listed above. There may also be other ways for them to demonstrate to employers that their scheme is well run. The regulator takes no responsibility for checking that schemes' claims are accurate.

The regulator cannot recommend, nor does it endorse, any particular pension scheme or any organisation. Inclusion of a scheme or mention of any organisation here does not guarantee their suitability. This web page is provided for information and guidance only.

What's next?

Now that you've chosen a pension scheme, you must put your staff into it. The next step will help you to do this.