LONDON, 4 November 2014 - Aon Employee Benefits, the UK health and benefits business of Aon plc (NYSE: AON) has announced that Standard Life's 'Good to Go' auto-enrolment qualifying pension scheme has been integrated with the Aon LittleBlue 2go auto-enrolment platform.
Standard Life, one of the UK's biggest workplace pension providers, has created an online auto-enrolment solution which provides advisers and their small and medium-sized clients with a decision on scheme terms within 60 seconds, and which has the ability to implement a qualifying workplace pension scheme (QWPS) within minutes.
Good to Go will be available on Aon Employee Benefits' LittleBlue 2go. This all-in-one solution to the pension auto-enrolment challenges faced by small and medium enterprises (SMEs), incorporates product, platform, communications and education for employees in one place and for a single, guaranteed annual fee.
Clare Abrahams, head of auto-enrolment at Aon Employee Benefits, said:
"LittleBlue 2go has been developed to offer the SME market a sleek and all-encompassing auto-enrolment solution. What makes LittleBlue 2go stand out is that it incorporates support and advice to the employer with the planning and scheme design required to become auto-enrolment compliant. It also features an online employee dashboard and communications aimed at enhancing the employee experience - and the ultimate appreciation of their benefits package.
"However, it was important to Aon that these features could be offered at a level of cost that is affordable to the SME market where the business environment remains tough."
Clare Abrahams continued:
"Auto-enrolment adds a new dimension to employee benefit provision, in terms of cost and change - not only to the employer but to the employee too. As such, employers need a benefits partner they can trust to guide them through this time, so we are delighted to be enhancing our solution further with the introduction of Standard Life's innovative scheme on our platform."
All LittleBlue 2go packages include access to an interactive auto-enrolment project planning tool which provides details of all the key steps that need to be considered, and will also prompt the employer contact of any overdue or upcoming duties by sending reminder emails.
In addition, Good to Go can be implemented with LittleBlue 2go up to six months prior to an employer's staging date. Alternatively, in the event of an employer missing their staging date, the platform can still be used to make the employer auto-enrolment compliant up to two months later.
Alan Ritchie, Head of Workplace Solutions at Standard Life, said:
"We are delighted to be working with Aon to help support their small and medium-sized clients. Good to Go is designed to excel in the areas that most affect member outcomes: engagement, investment and retirement solutions. It also streamlines the auto-enrolment staging and regular processes to help minimise hassle for clients and to maximise their return on investment."
Aon UK Limited is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales. Registered number: 00210725. Registered Office: The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN.