In most situations automatic enrolment will need to be managed in conjunction with or by your payroll function.
Whilst some employers will be able to implement a workplace pension and manage the ongoing governance, they are likely to be few and far between. Those that have a financial adviser may seek advice but most will look to their payroll function or accountant. They are also likely to leave this to the last minute if not encouraged to act early.
Many accountants, payroll bureaus and bookkeepers still do not see AE as their problem but are starting to be approached by their clients. If they are going to keep their payroll clients they will need to provide access to solutions that they are able to support. The best way to do this is to influence the solution chosen by the employer. This is where a trusted Financial Adviser can help.
Our experience is that the majority of payroll professionals will introduce their clients to you if you can take the problem away. This will allow you to meet a large number of their clients some who will become your full advice clients, others will simply want this sorted and you will be able to accommodate this with our simple online application.
We are happy to support your meetings with payroll professionals in order to agree a strategy that can integrate with payroll if required and the structure of suitable workplace pension solutions to complement their business model.
For further information, please contact Steve Preston, National Accounts Manager, on 07703 292052 or by email on email@example.com