Scottish Widows has launched a dedicated automatic enrolment website and telephone based helpline to help advisers dealing with the regulations.
The new website has been designed to include support material to all advisers who are active in the corporate pensions market, including step-by-step guides, factsheets, case studies and presentation slides.The website also includes important information on the duties and responsibilities of employers.
Simon Massey, intermediary and corporate pensions director, Scottish Widows said: "We have already witnessed automatic enrolment taking effect for the UK's largest employers. However, perhaps the biggest challenge will come over the next few years, with smaller companies approaching their individual staging dates who.
"It is therefore vitally important that the industry ensures advisers are fully equipped to help smaller businesses through the journey to becoming fully compliant, helping them put in place a solution which delivers good value for money for their employees at-retirement needs."
In addition to the new website, Scottish Widows has also created a helpdesk, with a team of technical experts on hand to answer enquiries on anything to do with the auto enrolment process. Advisers can receive information on the new helpdesk by contacting their local account manager.
Lasting power of attorney
Three risk profiles
Caused by falling oil price
Roger Marsden takes over on interim basis
Will face 'appropriate action'