Scottish Widows has partnered Gallagher Employee Benefits to support small and medium-sized enterprises (SMEs) through auto-enrolment legislation.
Gallagher Employee Benefits has developed a service, called GroupSure, which provides access to a range of employee benefits, including a workplace pension. It offers simplified administration aimed at SMEs.
A key focus of the service is to offer support and guidance to both employers and employees through the Scottish Widows’ AssistMe and Mymoneyworks online tools.
In addition, GroupSure will provide support to ensure employers have the confidence that they will fulfill all legal obligations associated with auto-enrolment.
Employees will receive clear communications and charges that are transparent and easy to interpret.
Lynn Graves (pictured), head of business development, corporate pensions at Scottish Widows, said: “Auto-enrolment is arguably the biggest legislative challenge the industry has faced for a generation and we look forward to working with Gallagher Employee Benefits.
“The UK’s largest organisations have already been enrolled into a workplace pension scheme. However, the biggest challenge is yet to come, as smaller organisations, which do not necessarily have the in-house knowledge and experience of the legislation, begin the process.”
Tim Johnson, chief executive of Gallagher Employee Benefits, added: “Having already helped our largest [employer] clients through auto-enrolment, we wanted to find a way to assist small and medium-sized businesses with their auto-enrolment duties that was simple, cost-effective and efficient.”