The hibob platform, which launched in June 2015, simplifies the auto-enrolment process by enabling companies to automatically use their employee information, assess eligibility, plan costs and then feed directly into Aviva’s online system. From there, a small business owner or their business adviser can complete the auto-enrolment journey, with the whole process taking 15 minutes. hibob clients will also be eligible for a discount on the employer charge with Aviva’s Workplace Pension.
Under auto-enrolment legislation all companies with at least one employee must now offer their staff a pension. More than 500,000 businesses will go through the process in 2017, with the majority of those being smaller companies who are not finding auto-enrolment easy. In Aviva’s 2016 Working Lives report only 24% of small businesses said they found the process straightforward.
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