Since 2012 there’s been thousands of employers who have complied successfully with auto enrolment.

However in the first 3 months of 2016 something revolutionary is happening…

In the last quarter of this year the number of employers who will be required to meet auto enrolment regulation is predicted to double.

I don’t think the impact of this, for employers and the professionals who work with them, can be underestimated…

As the first quarter of 2016 starts it would have taken 3 and a half years for 100,000 odd employers to comply. In the early months of next years it’s estimated that an additional 110,000 employers will need to meet the new regulation.

This is a significant change of pace.

Over 100,000 employers complying in 3 and a half years compared to 110,000 having to comply in a three month period means that the velocity of the firms who have to meet the new regulation will increase 14 fold virtually immediately.

Also it’s easy to forget that the firms who need to comply in the first 3 months of 2016 have a journey to make.

Typically in our experience the ‘auto enrolment’ project for most employers takes between 9 – 12 months.

This means that for the 100,000+ firms who need to comply near the end of this year ideally need to ensure they are starting to build a project plan, making some decisions and taking some action over the next couple of months.

The importance of preparing early has been made more pertinent by something which is also increasing in pace.

Employers are now having to pay the financial penalties of non compliance more often than ever before.

So, if you’re an employer who has been ignoring the impact of auto enrolment it’s now time to understand that these obligations will be landing on your doorstep with increasing scale and pace soon.

If you’re a financial professional looking at the best way to work with a number of employers finding the most efficient way to look after you and your professional connections clients is now more pertinent than ever.

and

If you’re an accountant or payroll provider ensuring that you have an auto enrolment solution in place to deliver a service to all of your clients there’s never going to be a better time to prepare (leaving this any later might put some of your clients at risk)

We help our clients in one of two ways….

For our employer clients (and the professionals who work with them) who want a full consultancy service we can happily deliver that. This involves our team guiding you step by step through the auto enrolment process and taking some of the burden off your plate.

However our consultancy solution won’t be right for all. Whilst it’s a “full fat” option it’s understandably relatively expensive.

For our employers who want to manage auto enrolment themselves but need support to do so there’s AE in a Box:-

This has been designed to empower employers to comply and is priced at £79+vat up front and then £29+vat per month.

If you’d like to get in touch to see what solution is right for you feel free to contact us on 08450 568 959.