Although many dental practices won’t have reached their auto-enrolment staging date yet (the date at which an employer’s auto-enrolment responsibilities come into effect), it is important that practices are aware of the new regulations and start to prepare for the changes now. Aon’s auto-enrolment solution “Littleblue” will be able to support practices with a step by step pension solution which can significantly ease the burden of complying with the new pension regulations.
Henry Clover, Deputy Chief Dental Officer at Denplan said: “We believe there are many dental practices that are not yet aware of how the law on workplace pensions has changed, or if they do know about the new regulations, they may not have started preparing for auto-enrolment yet. We are working closely with Aon to inform our members about the pension changes and how this could impact their practice. We are also encouraging them to start preparing for auto-enrolment at least six months before their staging date. We believe Aon’s Littleblue auto-enrolment solution will save our members time and effort and give practices the tools necessary to navigate smoothly through the process. Denplan members will also benefit from a specially negotiated price during their first three years using the service.”
Clare Abrahams, head of auto-enrolment at Aon Employee Benefits, said:
“Littleblue was designed to help smaller organisations through the auto-enrolment process. That is now approaching its climax in 2016 with staging to reach levels in the hundreds of thousands every quarter from the beginning of the year. It is still an involved process in which the correct compliance is a key factor and small employers will welcome the streamlined approach that Littleblue offers.
“Denplan, with its thousands of member dentists across the country, is aiming to make the auto-enrolment process easier for its members by partnering with a provider. We are very pleased to be working with them and look forward to rolling Littleblue out across its member dental practices.”
Denplan and Aon are also working together to organise a number of interactive Q&A webinars for member dental practices to address any concerns or issues practices may have with regards to the new pension regulations.