Fidelity launches auto-enrolment management service

Auto-enrolment into workplace pension schemes will be phased in between 2012 and 2017. Employers must enroll all workers over the age of 22 years who they have employed for three months and who earn more than £7,475. Fidelity's service will manage the eligibility criteria and regulatory enrolment processes for its clients' workforces,  including processing enrolment, issuing communications to employees, and managing the opt-out and re-enrolment processes. Julian Webb, head of defined contribution (DC) and workplace savings business, at Fidelity said: "The WMS is designed to take the h...