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Steve Bee unveils new auto-enrol compliance offering

Steve Bee’s employee benefits firm, JargonFreeBenefits, has launched a new administration system designed to enable accountants to help small businesses comply with their auto-enrolment duties.

Bee says the new system will allow accountants to manage auto-enrolment communications and compliance requirements throughout the auto-enrolment process.

He says: “As we head into auto-enrolment for the smaller employers, I think the entire industry has probably got it wrong.

“We have 1.2 million employers coming down the track, so going at them one-by-one and attempting to cherry pick is just not going to work.

“Our approach is, through IFAs connections with accountants, to enable accountancy practices to provide auto-enrolment for its entire range of clients, including the tiny ones, at a commoditised price.”

Bee would not disclose the price it charges licencees for using the software.

Elsewhere, Creative Auto Enrolment has launched an end-to-end online auto-enrolment service that promises to cut preparation time down to just 103 seconds.

Employees will be enrolled in a new master trust run by Creative, using Scottish Widows’ investment platform and Pan Governance as the professional trustee.

There is a 0.4 per cent management charge plus £2 a month per member. However, members earning less than £18,000 will pay 60p a month until 2018 when minimum contributions for auto-enrolment rise.

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