Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto...

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Automatic Enrolment How Sage can help you and your clients Intrinsic AE Training June/July 2014 1 Sage - Intrinsic AE Training

Transcript of Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto...

Page 1: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Automatic Enrolment How Sage can help you and your clients

Intrinsic AE Training

June/July 2014

1 Sage - Intrinsic AE Training

Page 2: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

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Agenda

1.0 Introduction to Sage

1.1 About Us

2.0 Customer insight

2.1 Research findings

2.2 Customer burdens

3.0 How we can help your clients

3.1 Typical questions to explore

3.2 Benefits of the Pensions Module

3.3 The proposition to take to your clients

4.0 How we have helped IFA and clients

4.1 Example of benefits to another IFA and their customers

5.0 How we can help you

5.1 The proposition for your clients

5.2 Income earning opportunity

5.3 The process

5.4 Support available – via your Extranet and Sage

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Introduction to Sage A UK Based Global Operation

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Over

£1.3bn annual global

revenues

More than

12,600

people in a

global operation

A leading global provider of business

management software and services

Over

30 years experience

supporting UK small

businesses

Offices in

22

Countries

worldwide

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Page 5: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Auto Enrolment Customer insight

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Auto Enrolment Customer insight

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Sources – The Pension Regulator, Centre for Economics and Business Research, Sage Omnibus research, Creative Auto Enrolment

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Auto Enrolment Customer insight

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Sources – The Pension Regulator, Centre for Economics and Business Research, Sage Omnibus research, Creative Auto Enrolment

Sage - Intrinsic AE Training

Page 8: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Auto Enrolment Customer insight

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Sources – The Pension Regulator, Centre for Economics and Business Research, Sage Omnibus research, Creative Auto Enrolment

Sage - Intrinsic AE Training

Page 9: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Auto Enrolment Customer insight

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Sources – The Pension Regulator, Centre for Economics and Business Research, Sage Omnibus research, Creative Auto Enrolment

Sage - Intrinsic AE Training

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Customer Insight – Auto Enrolment Payroll processing burdens

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Every pay period (weekly, bi-weekly, monthly, etc.) your clients need to…

• Check who has a pension, is it the right pension, how old are they, are they

earning more or less this period (taking into consideration pay spikes, etc.

• Generate and send the right letter, to the right person, at the right time

• Calculate individual pension contributions (ensuring they comply with TPR

legislation)

• Send data to pension providers meeting the required format for each different

provider

• Manage opt-ins, opt-outs, refunds, etc.

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Auto Enrolment How we can help your

clients

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Page 12: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

How Sage can help you clients Typical questions to ask a client not using Sage (they may be using other payroll software or outsourced via a bureau)

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Does your current solution:

• Allow a 1 click assessment?

• Automatically identify employees eligible for postponement?

• Import opt ins/opt outs directly from the pension provider?

• Automatically process and track refunds when employees opt out?

• Tell you when letters need to be sent?

• Allow you to choose whether you print or e-mail your letters?

• Keep a comprehensive audit trail of correspondence attached a copy of each letter to

the employee‟s record?

• Keep a comprehensive audit trail to fulfil TPR guidelines?

Using Sage 50 Payroll and the Pensions Module we can say YES to all of the above

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How Sage can help you clients Benefits of taking Sage 50’s Pension module

With Sage 50 Payroll AE edition (without

the Pensions Module)…

The estimated length of time taken to

process without module for a company of 50

employees, being paid weekly, takes 250

minutes.

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With the Sage 50 Payroll Pension

module

Using the module reduces this time spent by

up to 75% giving you the freedom to

concentrate on your business

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How Sage can help you clients A proposition for Intrinsic clients to fully understand and prepare for AE along with making it simple to comply – now & ongoing

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Sage 50

Payroll

Pension

Module E-Learning

Includes AE e-learning suite, worth £200, FREE OF CHARGE

• Staging countdown

• Action plan

• Reminders

• Cost forecaster

• Progress tool

• Worker postponement

• Fast track pensions

• Assessment

• Categorisation

• Enrolment

• Postponement

• Opt ins/Opt Outs

• Automated data and

payments to pensions

provider

• Automated communications

to employees

• Guidance for employers

and employees

• Intro to AE and

Workplace Pensions

• Preparation

• The 7 steps

• The tasks

• On-going requirements

Sage - Intrinsic AE Training

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Auto enrolment

How we have helped

clients

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Automatic Enrolment How we have helped IFA and clients

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Page 17: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Automatic Enrolment How we have helped IFA and clients

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Page 18: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Automatic Enrolment How we have helped IFA and clients

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Page 19: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Automatic Enrolment How we have helped IFA and clients

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Page 20: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

Automatic Enrolment How we have helped IFA and clients

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Could you have managed

without the pensions module?

“Not really, no. The first month, I wouldn‟t

want to have to do that again.

I think we would need another member of

staff to do the admin side, the letters.

It‟s been brilliant”

Leanne Talbot, JWP Creers, Selby

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Auto enrolment How we can help you

Page 22: Automatic Enrolment How Sage can help you and your clients · Simple, quick and reliable auto enrolment and ongoing compliance 22 Sage 50 Payroll Pension Module E-Learning FOC (worth

How we can help you Simple, quick and reliable auto enrolment and ongoing compliance

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Sage 50

Payroll

Pension

Module

E-Learning FOC (worth

£200)

The „proposition‟ to make Automatic Enrolment a success

• Staging countdown

• Action plan

• Reminders

• Cost forecaster

• Progress tool

• Worker postponement

• Fast track pensions

• Assessment

• Categorisation

• Enrolment

• Postponement

• Opt ins/Opt Outs

• Automated data and

payments to pensions

provider

• Automated communications

to employees

• Guidance for employers

and employees

• Intro to AE and

Workplace Pensions

• Preparation

• The 7 steps

• The tasks

• On-going requirements

Sage - Intrinsic AE Training

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How we can help you Share revenue for converted clients

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Switch to our

Payroll &

Pension

software

Indicative example:

Refer 2 clients every month (with 25-50

employees, single company) who convert to

Sage 50 Payroll with Pension module.

Over 3 years the revenue shared with you could

be in the region of £20,000

Simply

Refer

clients via

simple process

(associating you)

Share

20% Revenue with you for the

first 3 years*

* Subject to Terms & Conditions

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How we can help you Simple process to refer clients (inc. their queries), backed-up by highly experienced & recommended Sage staff

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Access to

Sage IFA

Line

Supporting info

available from

Intrinsic Extranet

IFA Promotes

proposition to

client base

IFA discusses

client

requirements

Lead referred to

Sage IFA line

0800 923 0342

Online demo

carried out

by Sage

Sale made to

IFA client and

linked to IFA

account

Commission

paid to IFA

in line with

T‟s&C‟s

Get In Touch:

0800 923 0342

[email protected]

www.sage.co.uk/ifa

IFA Signup

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How we can help you For you, your business and for your clients

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Further information, including

marketing collateral, for you, your

business and for your clients is

stored on your Intrinsic extranet

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How we can help you Get in touch

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