Workplace pensions for growing businesses
Perfect for growing businesses under 75 employees, our fully compliant workplace pensions are simple to manage and hassle-free.
Majority owned by NatWest Group
Authorised by The Pensions Regulator
Automatic enrolment ready
Our workplace pension plans
Fully Managed
You want Cushon to take care of all your auto enrolment compliance processes
Self Managed
You manage your own auto enrolment compliance within your payroll process
For employers
Quick setup in minutes
All-online management – no paperwork
Assess workforce for auto enrolment
Issue postponement and non eligible notices
Issue eligible auto enrolment notices
TPR declarations and submissions
Triennial re-enrolment
For employees
Engaging, easy-to-use app
Award-winning financial wellbeing support
Find and combine old pension pots with Iris
Climate-focused investing by default (or choose your own funds!)
£27 / month + VAT
One simple, all-in fee
Free
Zero subscription costs
Our workplace pensions
Plan 1
Fully Managed workplace pension
You're short of time and don't want to get into the admin. You want to set up the pension and get help to keep you compliant in a hassle-free way.
- Get your workplace pension all set up and sorted in minutes
- Take care of all your auto enrolment duties
- All employee communications provided automatically
£27 per month + VAT
Plan 2
Self Managed workplace pension
If you're happy to handle setup and admin using digital tools. You want to stay compliant, but you'd rather do it yourself and save on fees.
- Super quick setup in minutes
- Simple all-online management - no paperwork
- Engagement tools to support your team
Free
Why choose NatWest Cushon?
Safe
NatWest Cushon is part of NatWest Group. We are authorised and regulated by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR).
Secure
Privacy and security is our priority. We use the highest levels of encryption and the most robust financial industry standards for securing our app and website.
Fair
We keep our charges transparent and fair. There is a simple %-based cost for investing with NatWest Cushon, and no hidden fees.
What our customers say about us
Helen Kinney, 18/03/2026
Excellent Very friendly polite staff
Mrs Lynn York, 14/03/2026
The contact was good but could of been a bit quicker it took 3 months to sort it out because it was all done online
Zoltan Szekely, 13/03/2026
This is where I experienced the biggest growth. Easy app management. Perfect for me.
Frequently asked questions
For the Self Managed plan, there's no charge for employers.
For the Fully Managed plan, we charge a low, flat fee of just £27 per month plus VAT for employers.
Employees who save into the pension pay a transparent fee, which includes two charges: a platform charge and a fund management charge.
The platform charge is 0.54%.
The fund management charge for employees using the Cushon Sustainable Investment strategy is 0.15% each year. Charges vary for members choosing their own investments from our self-select range.
This means that the total standard charge for employees is 0.69%.
We need information that you will already know about you and your organisation. This includes information about you, your organisation, who will be running your workplace pension and when you want it to start
You’ll need to have a workplace pension in place by your ‘duties date’, which is the date your first member of staff starts work
No. Our pensions work with any payroll system, so you don't need to change providers or buy any plugins
Not everyone, but most will. By law, you need to automatically enrol employees who are aged 22 or over, earn more than £10,000 a year, and pay income tax in the UK.
For more information about our workplace pensions, please refer to our Fully Managed and Self Managed pages.
Capital at risk