Aviva has launched a free provider-neutral automatic enrolment planning tool in a bid to help advisers manage an anticipated capacity crunch this year.
The ‘auto-enrolment planner’ allows advisers to manage the staging dates of multiple employers from one central online hub, providing standard templates or bespoke plans for each employer.
It also manages the communication of tasks needing completion and sends personalised updates to both the employer and the adviser flagging tasks that are on target or in need of immediate action.
The launch of the tool comes after The Pensions Regulator released new figures suggesting around 30,000 medium-sized employers employing between 50 and 249 people will stage between April and the end of 2014.
Aviva head of platform development and e-commerce Billy Burnside says: “We want to support employers and advisers through auto-enrolment and ensure we do everything we can to encourage them to plan thoroughly and well in advance of staging.
“Our experience tells us some employers are struggling to grasp all of the processes around auto-enrolment.
“While there is a lot of information freely available, there is little practical help to support advisers wanting to engage with employers and support them through staging.”
Writing in this week’s Money Marketing, Finance & Technology Research Centre director Ian McKenna says: “The development of this service demonstrates a clear commitment from Aviva to support adviser firms and employers in the auto-enrolment market.”