The Partners’ have confirmed that SRA will use the ‘RIBA Pension’ for the practice’s workplace pension scheme.
We have agreed to bring forward our staging date to 1st April to coincide with the accounting financial year. This provides additional time to get things up and running in advance of our formal staging date which is August .
We’re expecting RIBA to be in touch in the next week or two to get us set up on the portal, following which we will be able to explain the process and provide more detail. The first payment into the scheme will be made at the end of April (i.e. when April’s salaries are paid).
In the meantime we’ve attached a few documents that we hope are useful for you all to read, also the link to the powerpoint from the webinar Jan did can be found here. We particularly encourage you to read the ‘introduction for employees’ guide which provides some more detail about eligibility, joining the scheme and contributions.
If you have any questions please discuss with Beth.