Certain records must be kept about your staff and about the pension scheme. Some of these will be kept by the pension scheme, some must be kept by the employer. These include:
- names and addresses of staff you’ve automatically enrolled
- the contributions payable to the pension scheme and when they were paid
- any opt-in or opt-out notices you receive
- name and address of the pension scheme
- employer pension scheme reference or pension scheme registry number
Make sure you know what these records are and where to get them from. You’ll also need to decide how you’ll store them so you can easily access them. You’ll need to be able to produce these records if we ask to see them. Keeping records is good governance and is proof that you’ve carried out your duties.
These records must be kept for a specified time, which in most cases is six years.
Find Out More
Find out how JLP Payroll can help streamline your business.