My wife and I both work full time for our Ltd company (which is a mixture of traditional contracting and a web based product) and we both have Hargreaves Landsdown SIPPs. Because I am the only Director, the company has an obligation to auto-enroll her. HL say their SIPPs are not compliant, but they could setup a compliant group policy for a £1,500 charge.
We have two options as I see it (a) she becomes a Director, or (b) we find a compliant pension and switch her over to that.
What are other people doing? Has anyone found a good compliant pension? Can she choose to waive her auto-enrollment rights? We're tempted to do (a).
We have two options as I see it (a) she becomes a Director, or (b) we find a compliant pension and switch her over to that.
What are other people doing? Has anyone found a good compliant pension? Can she choose to waive her auto-enrollment rights? We're tempted to do (a).
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