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Smart Pension launches SME auto-enrol platform

Smart Pension has launched an auto-enrolment proposition that allows small businesses to set up schemes free of charge “in minutes”.

The firm – backed by investors behind online businesses such as Zoopla and Secret Escapes – says its new platform allows the 1.3 million employers yet to hit their auto-enrolment staging date to set up schemes digitally with immediate confirmation.

Employers are not charged for the service, while employees will be charged a 0.75 per cent annual management charge once enrolled.

Smart Pension co-founder and managing director Will Wynne says: “Our platform was designed to be highly intuitive and quicker than anything else in the market, importing data feeds automatically and cutting out the complicated manual checking and paperwork that hold up old fashioned paper-based processes.”

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