LEBC Group, the national IFA and employee benefits consultancy, has partnered with Aviva to create its online aeComply automatic enrolment tool.
aeComply draws on the rich functionality of Aviva's online Auto-enrolment Manager for Employers (AME) hub-based solution, which has the flexibility to operate across multiple providers' pension schemes.
The tool enables employers to robustly manage their long-term compliance requirements, including employee enrolments, contribution levels, opt outs, certification, payroll monitoring and communications.
aeComply also helps customers prepare for auto-enrolment, by assessing the financial implications for their businesses. LEBC is using its advisory offering to provide enhanced scenario modelling, internal systems assessments and pension audits.
Glynn Jones, Divisional Director of Group Savings & Investments with LEBC Group, said: "Employers recognise the need to minimise risk and cost relating to auto-enrolment compliance. However, many continue to grapple with reviews of existing arrangements, preparation for the staging date, as well as making and tracking contributions through the payroll.
"This cloud-based solution is powerful, secure and allows payroll to process auto-enrolment actions in real time. It removes the guesswork, by streamlining and formalising the process, while allowing employers to manage an unlimited number of payroll and pension providers.
"We are delighted to be teaming up with Aviva to offer a market leading solution for our clients."
Brian Gabriel, Aviva's Director of Corporate Benefits, said: "Employers preparing for automatic enrolment need to allow a substantial period of time to complete their financial modelling, make the appropriate auto-enrolment decisions, and ensure they have the right tools in place to assist with their long-term compliance requirements.
"We designed AME from an employer's perspective and know that they are looking for cost-effective and efficient ways to manage automatic enrolment in the long-term. LEBC's aeComply brings together our technology and LEBC's consulting expertise to create a powerful solution."
LEBC Group's aeComply is supported by a dedicated in-house helpdesk team.
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