Format of letter for Pension Advisory Service

[CoolCat]

Getting snotty letters from the Pension Advisory Service for paying someone PAYE (the missus) but not giving her a pension. It’s a load of old nonsense as she is a major beneficiary of my pension fund which I have been paying into.
Anyone got the form of words she can sign to opt out of pension from the ltd? Which will keep these people off my back?
Cheers

[WTFH]

Getting snotty letters from the Pension Advisory Service for paying someone PAYE (the missus) but not giving her a pension. It’s a load of old nonsense as she is a major beneficiary of my pension fund which I have been paying into.
Anyone got the form of words she can sign to opt out of pension from the ltd? Which will keep these people off my back?
Cheers

It's not a load of nonsense, it's the law for anyone who is PAYE.

Anyway, a few seconds on Google reveals this:

Opting out | The Pensions Regulator

[CoolCat]

It's not a load of nonsense, it's the law for anyone who is PAYE.

Anyway, a few seconds on Google reveals this:

Opting out | The Pensions Regulator

I beg to differ it is nonsense precisely for the reason I stated, that my pension is setup perfectly to look after her without her needing to have a separate pension.

Yea I can google stuff too, was just looking for a pre drafted letter...

But hey ho

[SueEllen]

I beg to differ it is nonsense precisely for the reason I stated, that my pension is setup perfectly to look after her without her needing to have a separate pension.

And the Pensions Regulator will know this how?

The letter is just a standard one they send out to every company using the limit data they receive. It is up to you to send them information using the right statutory format which tells them to bog off.

[CoolCat]

so what is the right statutory format then?

can my ltd and the missus agree this between themselves, or do we need to go through the rigmarole of getting her invited into a pension only to reject it? as would seem the case from the official pension advisory service website...

[northernladuk]

I beg to differ it is nonsense precisely for the reason I stated, that my pension is setup perfectly to look after her without her needing to have a separate pension.

Yea I can google stuff too, was just looking for a pre drafted letter...

But hey ho

Here you go. Might need to changing the names etc.

[WTFH]

I beg to differ it is nonsense precisely for the reason I stated, that my pension is setup perfectly to look after her without her needing to have a separate pension.

Yea I can google stuff too, was just looking for a pre drafted letter...

But hey ho

Your pension is irrelevant to a PAYE employee of your company. They must have a pension or have opted out.
The fact that you have your own pension set up to look after your wife has nothing to do with a pension for a PAYE employee.

The rights of a PAYE employee are not nonsense.

[CoolCat]

I repeat...

what is the right statutory format then?

can my ltd and the missus agree this between themselves, or do we need to go through the rigmarole of getting her invited into a pension only to reject it? as would seem the case from the official pension advisory service website...

[SueEllen]

I repeat...

what is the right statutory format then?

can my ltd and the missus agree this between themselves, or do we need to go through the rigmarole of getting her invited into a pension only to reject it? as would seem the case from the official pension advisory service website...

Be careful -

Your client must not actively encourage their staff to opt out of their workplace pension (which could be considered an ‘inducement’). Any decision to opt out must be taken freely by the staff member without influence from the employer.

This thread could be used in your divorce.

BTW is your wife an officer of the company?

[CoolCat]

Be careful -



This thread could be used in your divorce.

BTW is your wife an officer of the company?

not an officer no

and yep I plan to be careful

thats why I am asking everyone else, someone must have ticked this box by now?