Workplace pension scheme

Set up a workplace pension

Smart Pension – a smart way for businesses to meet their legal requirements to set up a workplace pension scheme.

What is a workplace pension?

A workplace pension is a scheme that enables businesses to support their employees to save money for retirement. A monthly contribution is taken from each employee’s wages into the pension fund, and the employer will also make a contribution. 

Businesses have a legal responsibility to provide a workplace pension scheme and are required to enrol each employee aged between 22 and the State Pension age who earns a minimum of £10,000 per year.

When an employee contributes to a workplace pension, their employer must also contribute a minimum amount to their pension scheme. The government will automatically add basic rate tax relief on top, or a higher rate if the employee is a higher earner.

Whether the business has one employee or 500, it has a legal duty to write to employees to inform them of their pension rights. 

About Smart Pension

Smart Pension provides a fast and easy way to meet the legal responsibility of your business to provide a workplace pension for employees – you could be compliant within minutes.

Trusted by hundreds of thousands of members, employers and advisers, Smart Pension provides auto-enrolment workplace pensions. With Smart Pension’s secure technology platform, you could assess your employees, generate letters and be compliant with auto-enrolment pension law, safely and quickly.

Need to set up a workplace pension? Read on.

How to set up a workplace pension scheme with Smart Pension

Sign up with Smart Pension

Tell Smart Pension a few details about your business.

Add employees

Assess and enrol your employees. You can also link payroll software and add your professional advisor to start processing your contributions.

Complete your compliance

Fill in and submit your declaration of compliance to The Pensions Regulator.

What Smart Pension offers

Easy-to-use platform

Managing your pension scheme is quick and easy with Smart Pension's award-winning platform.

Less admin

Smart Pension makes pensions administration easier, so you can focus on running your business.

Employee support is built in

The platform sends standard letters to your employees and guidance to keep them informed. Online and in-app access lets your employees manage their contributions.

Dedicated support

If you have any questions about your auto-enrolment workplace pension scheme, you can contact Smart Pension by phone, email or chat for support.

Frequently asked questions

Estimate your contributions

These example contributions 1are based on banded earnings between £6,240 and £50,270 using the minimum 3% contribution rate. Earnings include salary, overtime, bonuses and commission, as well as statutory pay for sickness, maternity, paternity and adoption.

Average annual earnings

1 eligible employee

5 eligible employees

10 eligible employees

20 eligible employees





















Worked out using the 2021/22 automatic enrolment lower (£6,240) and upper (£50,270) amounts, with an employer contribution of 3%

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