The market place is in excess of 1.3m companies that will have to stage or review their pension scheme to comply. This is one of the biggest opportunities for Financial Advisers to secure new corporate clients and their employees.
What solutions do you have in place to make sure all your clients and prospects are ready for Auto Enrolment?
If you're not looking after them who is?
As a professional adviser, you’ll appreciate that implementing auto enrolment can be a significant challenge. We’ve identified 33 new responsibilities and duties employers will need to comply with. For example, assessing which employees are eligible, communicating with different groups of employees, managing the payroll, establishing thorough record keeping and much, much more.
Of course, not complying with the new regulations isn’t an option. Your clients could face significant daily fines (as much as £5,000 a day - more for companies with 500 plus employees).
Some of your clients may believe that the government pension scheme, NEST, will take care of the extra administration, but it won't, fortunately the providers on our panel have developed solutions that will. A solution that means your clients can stay focused on building their business – not running their pension scheme. A solution that works for you as well.
We offer a range of support services to Advisers to allow them to offer a complete Auto Enrolment solution to their clients. We essentially fill any gaps you may have in your existing Auto Enrolment proposition whether that is helping you to market and sell your proposition, implement compliant solutions to your clients or simply take a referral and leave you to get on with your business.
Contact us today to enquire about an agency with MAP Enrolment solutions.
We offer a number of marketing support services that will help you generate new Auto Enrolment based opportunities. Our experienced marketing team have been helping Advisers with their lead prospecting and marketing to obtain professional Introducers. Our web development team can also help you raise your profile online with modern, fresh looking websites and Auto Enrolment specific micro sites. We will supply you with email marketing, brochures and links that will help you operate a professional marketing campaign.
Successful implementation of Auto Enrolment is all about effective communication and awareness. The fact remains that the majority of employees are unaware of Auto Enrolment, many advisers do not either have the time or resources to cope with the swell of companies requiring to stage over the next couple of years. MAP Enrolment Solutions is designed to help you through the maze. We can work with you by completing the full process alongside our panel members for your clients.
The client will receive:
Auto Enrolment is an ideal opportunity for you to increase your offering to or expand your network of professional introducers, The majority of accountants clients will need to review their position regarding Auto Enrolment, who is going to do this? Why not you?
We again offer the full MAP Enrolment support service for your Introducer with you acting as the conduit between all parties.
Our sales support is designed to help you convert your Auto Enrolment opportunities and grow your business. Support comes in the following forms.
Auto Enrolment is not just about pensions. Many Advisers expected to be able to simply refer their clients to the Government sponsored scheme or pass the responsibility on to a mainstream product provider. While this may seem a straightforward solution, it is not the case in reality and is presenting its own challenges.
Much of the work required to become Auto Enrolment compliant is administrative and is likely to make use of software or technology. We have built a team that will take care of the whole implementation process for your clients on your behalf.
You can be assured that our service will always be carried out to the highest possible standard and in a professional manner. We can help you with:
MAP Enrolment Solutions provides training for Advisers and Accountants simply to be able to introduce the main points of Auto Enrolment to clients. The concept is then for the case to be passed to one of our consultants who will work with our panel of providers to ensure the timely delivery of the staging process.
We will provide:
All companies with 30 or less employees are now nearing their Staging Date for implementing a Workplace Pension Scheme. Do you know your staging date?