AES will provide full compliance with the new ‘employer duties’ resulting from the 2008 Pensions Act; the main duties relate to the need for employers to auto-enrol all eligible employees into a Qualifying Workplace Pension Scheme and to maintain detailed records of compliance for at least six years.
AES encapsulates years of experience of flexible benefits design and delivery, therefore the need for costly, time consuming design consultancy and lengthy implementation timescales is eradicated as we harness the power of market leading software. This “plug and play” approach delivers to the employer their own cost effective in-house auto enrolment solution without the high costs and associated lengthy timescales that are traditionally involved in the implementation of a compliance solution driven by legislation.
Subsequently, AES helps employers get the most from their investment in workplace pensions, reassures the user that they have a robust and workable workplace pensions management environment, as well as being able to demonstrate to any regulator their compliance with the necessary statutory requirements.
At its heart, AES utilise a “software as a service” (SaaS) application that harnesses the power of the Internet to deliver a work place pensions portal via a web browser so not only does the employer have full administration access to their overall AE solution but each employee can view securely and interact with from home or work. With employer on-demand access to all benefits and personnel data, an employer is able to manage all the benefits with powerful reporting, administration and content management tools. The comprehensive and functionally rich administration centre makes the initial and ongoing administration simple and easy to manage. AES can be tailored to meet your requirements.
Our team will be delighted to discuss your needs and work out what is the most suitable and cost effective way to manage your auto enrolment requirements and workplace pension obligations within your business. So, to help ensure that you meet all the requirements pre and post your company’s staging date (auto enrolment activation date) without additional distraction and stress but with confidence and assurance, contact AES soon.
Auto Enrolment Solutions – making pension reform manageable