Auto-Enrolment and Your Clients
In order to demonstrate proactive support for our accountants and professional associates, Begbies Traynor has developed a highly efficient and cost-effective auto-enrolment process
At Begbies Traynor, we work with thousands of accountants and professional advisers to help them provide the best service offering to their clients; including the time-sensitive issue of automatic enrolment.
With large companies already staged and SMEs either beyond their staging date or fast approaching it, it is highly likely that your trusted clients will seek your advice when choosing the best possible pension scheme to meet their auto-enrolment obligations. Failure to comply with this legislation has led to several well known companies receiving onerous fines.
In order to demonstrate proactive support for our accountants and professional associates, Begbies Traynor has developed a highly efficient and cost-effective auto-enrolment process that you can recommend to your clients. Our auto-enrolment offering for accountants has been designed by our expert workplace pension specialists which makes the entire process simple and understandable for all involved.
We can liaise directly with you and your clients and implement a complete auto-enrolment solution which ensures your client is wholly compliant with the new pension regulations. This is a tried and tested solution which has already received very positive feedback from accountants who have been assisted by this offering.
A Begbies Traynor pensions specialist can talk you through this offering in more detail via a quick consultation, and can even come to your office to shed more light on the service and its referral potential.
The Pensions Regulator's own research suggests that 84% of SMEs have sought, or intend to seek, external guidance from an intermediary regarding the introduction of their automatic enrolment duties. Three quarters of small employers either have or intend to look externally for support; a number that is expected to increase as they near their staging dates in June 2015 onwards.
The result of this is clear - intermediaries in the professional services sector will play a vital role in supporting and advising businesses of all sizes as they look to meet their auto-enrolment obligations. Advisers and urged to speak with the clients as early as possible as employers must act early to ensure they have sufficient time for implementation or face potential penalties.