Auto Enrolment Overview – Employee Benefits Expert Required

Project status
Project posted
17th January 2014
Project duration (approx.)
7.0 Days
Budget (approx.)
£1500 / day
Industry
Financial Services
Area of expertise
Analyst / Research
Required market experience
United Kingdom (Essential)
Consultant location
Off-site

Background & Objectives

Auto-enrolment is the biggest shake up in pensions in the UK for a
generation. Every business, no matter how small, will be obliged to
provide some kind of workplace scheme to all (or pretty much all) of
their employees. It is reckoned that currently 750,000 firms have no
provision. This is both a big opportunity to
encourage saving for the future amongst the vast swathes of individuals
who are not adequately covered, as well as a big headache for the
multitude of small businesses (30 employees and under) in the UK who
will have to comply with the new legislation. We
have a very affordable online platform that enables these small
businesses to offer their employees a range of benefits that they
currently miss out on, some very innovative savings instruments that
seamlessly help people save through day to day expenditure, alleviation
of all administrative hassle and burden for the small business as well
as compliance with auto enrolment. We believe
that in the small space - sub 30 - there really are very limited options
for SMEs staging through auto enrolment. But we need to understand the
competitive landscape properly 

Key deliverables

The brief:A report on the competitive landscape for auto enrolmentthe
current state of the auto enrolment “market” and new developments in
competition and policy especially staging dates for small firmswho are the auto enrolment providers to medium sized (up to 250) and small (below 30) SMEs, who owns them, profilespropositionwhat are their channels to marketthe pricing model - to firms, to employees, to intermediariesadditional product elements on top of AEpension providers linked to themany media coveragecommentary on the main challenges and opportunities emerging in transforming the UK’s attitude to pensions and savingwe’d then like you to update the key sections of the report on a months basisThe ideal candidate will come from an employee benefits/ pensions background.

Consultant requirements

Requirement: I come from an employee benefits/ pensions background.
Desired response: Yes

Requirement: I am based in the UK?
Desired response: Yes

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