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Online tool aims to fill gaps in IFA knowledge

Scottish Life is offering an automatic enrolment online tool to help advisers build their understanding of auto-enrolment and employer duties.

It says the tool provides IFAs with information on the impact of the reforms and what employers and employees need to do to prepare.

It is broken down into six sections, focusing on when the reforms are happening, the effect on pension schemes and the workforce, employer duties and the role of The Pensions Regulator. It also includes a quiz so advisers can identify gaps in their knowledge.

Scottish Life business development manager Jamie Clark says: “Our knowledge builder will help advisers improve their understanding of what the auto-enrolment reforms mean so they can add value to their business by helping employers prepare.”

Martin Bamford, managing director at Informed Choice, says: “It is crucial that pension advisers have an indepth understanding of auto-enrolment. Any tool that can help them enhance their knowledge should prove useful.”

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