BWF members get reduced rates for new full support automatic enrolment pension solution from the People’s Pension

The People’s Pension, provided by B&CE, has launched its new full support automatic enrolment pension solution for small businesses. It has a one off set-up charge but a reduced charge applies to BWF members. And if you’re an existing customer of B&CE, the charge won’t apply.

How the charge works

A one off set-up charge of £500 plus VAT applies to businesses that have a staging date from January 2016 onwards who sign up to The People’s Pension from Monday 23 November 2015. It will also apply to those that have a 2015 staging date and sign up from 1 January 2016 onwards.

For BWF members, there’s a reduced charge of £300 plus VAT. And there are no ongoing charges for employers.

What this means for BWF members:

– high standards of service and support for new and existing customers
– ongoing support for employers during the life of their scheme
– no ongoing charges for employers
– a low annual management charge of 0.5% for members of The People’s Pension – same as it’s always been.

Existing customers adding new subsidiary companies to their scheme will not be charged, and neither will existing customers of any of B&CE’s other products.

How to get the reduced charge.

To get the reduced charge BWF members will need a code, which you can find on this page by logging in below.

You can also get this code from our hub, on your website, by selecting the ‘get your code’ button – B&CE will then email it to you.

You can sign up for The People’s Pension in two ways:
– You can click the ‘sign up now’ button on the hub, on the members area of the BWF website, that will take you to the start of the sign-up process.
– You can go to The People’s Pension website.