NHF Pensions

An exclusive auto-enrolment solution for hair, barber and beauty salon owners

Over the next 3 years every employer must automatically enrol their workers into a qualifying workforce pension scheme and make contributions towards it. This is because millions of people are not saving enough to have the income they need when they retire.

Choosing and operating a pension scheme is one more thing for business owners to handle, on top of the day-to-day challenges of running a business and making a profit.

NHF has worked with Wren Sterling to provide a simple and cost-effective solution, tailored for the hair and beauty industry. If you're looking to administer your own pension scheme, the Wren Sterling Master Trust is perfect for you. Designed to be used as a self-service scheme, it is possible for you to comply with your Auto Enrolment obligations using the website alone. 

Why choose the NHF pensions auto-enrolment scheme?

  • Guaranteed acceptance for hair, barber and beauty salon owners
  • Free, easy to use software to administer the scheme
  • The scheme has gained ‘Master Trust Assurance Framework’ accreditation, showing that it has met a range of operating and governance standards set by the Institute of Chartered Accountants in England and Wales
  • Dedicated auto-enrolment helpline
  • A fully governed default investment fund
  • Access to independent financial advice from Wren Sterling (NB charges may apply)
  • Open to NHF members and non-members

FEES

REGISTRATION FEE

Members:
£399 + VAT

Non-members:
£499 + VAT
A one-off registration fee to set the scheme up for you.

ANNUAL GOVERNANCE FEE

Members:
£115 + VAT per year

Non-members:
£155 + VAT per year

An annual governance fee. Members receive regular reports, legislative updates and information on the performance of the default fund (the fund your contributions will be put into unless you choose a different fund).

EMPLOYEE FEES

Annual management charge 0.60%

The NHF pension scheme provides a flat annual management charge to all scheme members which is the only charge to employees for investing in the default fund. Other funds may have a higher annual management charge.


FURTHER NHF PENSION INFORMATION

How-to pension video tutorials 7 steps to prepare a pension NHF Pensions Useful Weblinks and Information
NHF Pensions Loginnhf pensions registration

CONTACT 0330 123 5970


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