View more on these topics

Now: Pensions launches 24-hour auto-enrol scheme set up tool

Now: Pensions has launched a new online service that allows employers to set up an auto-enrolment compliant pension scheme within 24 hours.

The provider says the online sign-up process allows employers to submit an application for a scheme in “minutes” without the need for a wet signature.

Once the application form has been submitted and verified, Now: Pensions says it will provide implementation details to the employer within 24 hours.

The launch of the new service comes ahead of a surge in the number of employers due to begin auto-enrolment, with around 30,000 firms expected to reach their staging date between April and the end of 2013.

Now: Pensions chief executive Morten Nilsson says: “Auto-enrolment is entering a critical phase and effective, efficient online systems are essential in order to keep pace with the market.

“For employers reaching their staging date over the coming months, tackling auto-enrolment can feel like a daunting and time consuming prospect. Being able to apply for and set up a scheme online in a matter of hours will make an onerous task much simpler and easier.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com