FAQs
Showing 9 of 49 results
"What are pensionable earnings?"
The earnings used to calculate a member’s pension contributions are known as their ‘pensionable earnings’.
"Why do I have to include my employees' National Insurance (NI) numbers when submitting data?"
"What’s file upload and how does it work?"
File upload is a way of sending us your employee data. It contains employee data and contribution amounts and is used to send us information.
"What’s the maximum amount I can pay into my pension?"
You can pay as much as you like into your pension, but there are limits to how much tax relief you can receive.
"What’s a worker group?"
A worker group is a way of grouping your employees with the same contribution level or contribution basis.
"Is the £60,000 annual allowance gross or net?"
This is the gross amount including tax relief.
"If I increase my contributions, can I get my personal allowance back?"
Contributing to your pension reduces your taxable income and can give you back some or all of your £12,570 personal allowance.
"What happens if I freeze my pension?"
Your pension savings stay invested for you until you either access them after your normal minimum pension age, or transfer them to another provider.
"Where do I send my Direct Debit instruction and proof to?"
You can send your Direct Debit form along with proof of the bank account by email or post.