Sandringham Financial Partners has launched an auto-enrolment (AE) consultancy.
It has been created to support partners working to deliver auto-enrolment solutions for business clients. The new service will allow advisers to offer AE solutions to their clients, without having to manage the back-office and payroll issues.
Sandringham’s AE trained partners work on a consultancy basis. They advise on and implement businesses’ AE needs. The AE specialists work with a wide panel of pensions providers, comprising Royal London, NEST, Aviva, Peoples Pension and Now: Pensions.
Chief Executive Office at Sandringham Tim Sargisson said: “With hundreds of thousands of small and medium sized businesses set to stage in the next year, auto-enrolment presents a fantastic opportunity for advisers. The Pensions Regulator has indicated that AE compliance will be their main focus going forward and for many businesses this will be their first venture into a complex area. Intermediaries can therefore create tremendous goodwill and income by offering this service, as well as showcasing their knowledge and expertise to new clients.
“However, some advisers may not wish to conduct AE business and our system means that these partners can refer leads which can be redistributed. As a result, Sandringham’s partners are able to work with a higher number of clients across a wider range of services.”