Small biz lines up accountants for auto-enrolment help, says Nest

Small biz lines up accountants for auto-enrolment help, says Nest

Accountants must prepare to offer auto-enrolment advice

MANY small businesses will look to their accountant for support in managing auto-enrolment, according to new research.

Three in four small business employers will turn to external advisers for help suring the auto-enrolment process, according to a survey of 300 employer of between 1 to 49 people by Nest. Of those, six in ten intend to ask an accountant for advice, with 14% to turn to an IFA.

Only 23% said they had confidence in dealing with pensions issues. Tim Jones (pictured), Nest CEO, said the 33,000 employers who will have to offer a workplace pension to staff in the next year “are going to keep the intermediary community very busy in 2015”.

While 73% deal with HR issues without external assistance, only 57% manage payroll completely in-house.

Nest released the research as it revealed a new intermediaries tool, Nest Connect, to help manage multiple clients during the process.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

10m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

10m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

4y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

10m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article