Pension PlayPen has launched an online service to help UK employers choose a workplace pension.
The service, Cap (choose a pension), gives employers direct access to all major providers of contract- and trust-based pension schemes.
The free service allows employers to access quotes, compare offerings and decide on the workplace pension that best suits teir business and staff.
Employers can download a report that provides an audit trail of their decision for a fixed fee, which has been waived for the first 50 employers to use the service.
Henry Tapper (pictured), founding editor of Pension PlayPen, said: “Hundreds of thousands of employers have, until now, nowhere to go to compare the offerings of the workplace pension providers.
“We help employers get competitive quotes and provide a way to compare what they’re offered, using actuarial-quality analysis.
“Whether an employer chooses to use the tool independently or with the help of an advisor, we believe this is the best way for most employers to get themselves auto-enrolment ready.”
