Micro employers expected to seek help with automatic enrolment
13 November 2014
Research shows that the small and micro employers needing to set up a pension scheme over the next 12 months are looking for help. With this in mind NEST Connect has been launched to help put payroll providers and other agents in control of providing pension services for multiple clients.
NEST have introduced their new free NEST Connect service to support professionals like advisers, accountants and payroll bureaux that are helping employers meet their new pension duties. There is plenty of information about this new service on the NEST website.
This initiative is a timely response to the latest research from the Pensions Regulator and NEST showing that small and micro employers will need practical help in ensuring that they are ready to implement auto enrolment, and that they will be looking to their agents and payroll providers for this help.
This is surely a crucial time for payroll provider members, particularly smaller ones and bookkeepers, to consider whether you should be more proactive in supporting your clients preparing for auto enrolment. More important, are you ready to be proactive - because if you aren't someone else will be?