Standard Life, the UK's biggest workplace pension provider, now offers its Good to Go auto enrolment pension solution on AE in a Box. AE in a Box is Auto Enrolment Advisory Group's low-cost system to which advisers and accountants can refer clients in order to support them through the auto enrolment process.

Since auto enrolment began in 2012, Standard Life has helped over 3,500 employers to set up Qualifying Workplace Pension Schemes (QWPS) and recently demonstrated their ongoing commitment to the this market by opening up their Good to Go pension to all small employers yet to stage. Having recognised this commitment to small businesses, AE in a Box now lists Standard Life as one of a panel of three providers on the tool - giving users the opportunity to quickly and efficiently enrol their employees into a high quality pension scheme as part of meeting their auto enrolment duties.

AE in a Box is an online project management tool that guides employees through the auto enrolment process, sending employers alerts on what tasks need to be completed by which date with clear instructions on what they need to do next. If users select Standard Life as their pension provider, the Good to Go solution allows them to set up their QWPS easily in less than six minutes, provided they have the right data to hand.

Alan Ritchie, Head of Employer & Trustee Proposition at Standard Life, said: 'We want to make it as easy as possible for the 1.3 million small employers yet to stage to meet their auto enrolment duties, while giving them access to a high quality auto enrolment proposition that can deliver great outcomes for their employees. We are delighted that our Good to Go solution now forms part of AE in a Box, a new and innovative auto enrolment solution that has the capacity to help thousands of small businesses to navigate the complexities of auto enrolment.'

Chris Daems, Director at Auto Enrolment Advisory Group, said 'Our driver at AE in a Box is to ensure we help and empower as many of the million plus employers yet to comply with auto enrolment with an opportunity to be guided through the tasks they need with simplicity and clarity. We firmly believe AE in a Box will help these employers meet the new rules and it's important we form complimentary partnerships to support employers. We're delighted to include Standard Life on the AE in a Box pension selection tool providing genuine choice for users when it comes to selecting the most appropriate pension scheme for their business.'

-Ends-

-Media enquiries-

For further information, please contact:

Amy Cayzer, PR manager, +44 131 245 5307; amy_cayzer@standardlife.com

Notes to editors

  • Visit AE in a Box at www.aeinabox.co.uk
  • Launched in December 2013, Good to Go enables quote, apply and set up in less than six minutes (with data to hand) using a totally automated, paperless process. From the adviser hitting the apply button to Standard Life completing the scheme set up and issuing a confirmation email, the average processing time is now 46 seconds - compared to the industry norm of several weeks.
  • Standard Life plc is a leading long term investment savings business, dedicated to helping to build a more prosperous world and enabling people to have confidence in their own future. This has been important to Standard Life since it was established in Edinburgh in 1825.
  • Standard Life is a global business, employing around 6,500 people internationally, through businesses in the UK, Europe, North America, Asia and Australia.
  • Around 4.5 million customers worldwide trust Standard Life with their financial future, and it supports a further 20 million customers through its Chinese and Indian joint venture businesses. The business is responsible for the administration of £312 billion of assets on behalf of its customers and clients (as at the end of March 2015).
  • Wherever Standard Life operates in the world, it is motivated by a sense of responsibility. That is what has helped it be a sustainable business over the long term. Standard Life is proud to be listed as a leader for corporate sustainability in its industry in the Dow Jones Sustainability Indices (DJSI World and DJSI Europe).
  • The Standard Life Investments brand offers truly global asset management expertise with strong investment capabilities.
  • In the UK, Standard Life offers a range of individual and group pensions, SIPPs, ISAs, annuities, life assurance, offshore bonds, investment management, wealth management, tax and estate planning services. By understanding and offering innovative products and the right support, Standard Life makes it easier for its customers and clients to plan ahead and feel more confident about the future.
  • Standard Life plc is listed on the London Stock Exchange and has approximately 1.3 million individual shareholders in over 50 countries around the world. It is also one of the top 500 companies worldwide, by revenue, as listed in the 2014 Fortune Global 500.
  • You can follow Standard Life group on twitter on www.twitter.com/StandardLifeplc
distributed by