Aviva is to launch an auto-enrolment service alongside two new workplace savings services in 2012.
The pensions provider will offer an online compliance and monitoring tool to help employers manage the regulatory requirements of auto-enrolment with the advantage of being able to do so across multiple provider schemes.
When it is launched in 2013, the workplace savings platform Work:Life will allow employees to make the best use of their money, including accessing their pension, savings products, flexible benefits, voluntary benefits and financial planning tools all in one place. It will also include Lifeplanner – an online financial planning product to help employees plan their longer-term financial goals.
Iain Oliver, head of workplace savings development at Aviva, said: “As employers and advisers start to focus on how to implement their automatic-enrolment solutions, it is essential they have the support to do so efficiently and effectively.
“Meeting the day-to-day automatic-enrolment obligations will be demanding for employers.”
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