Tech Data issues Sage advice on pensions rejig

Resellers can add value by alerting customers to Sage e-learning course

Resellers have a part to play in helping end users get to grips with new rules governing the automatic enrolment of staff in pension schemes, according to Tech Data.

The distributor says resellers can add extra value to customers by alerting them to a special e-learning course run by vendor partner Sage on the subject.

Under new legislation, all firms will have to contribute to workers' pensions with a one per cent contribution, rising to three per cent in 2018.

Some 40,000 SMBs will reach their auto-enrolment staging date this year, with non-compliance resulting in daily fines ranging from £50 to £10,000.

Costing £40 plus VAT, Sage's course is designed to help firms get to grips with the main steps that need to be taken in the auto enrolment process.

"The legislation carries a significant amount of administrative obligations, so businesses need to understand what auto enrolment means to them and resellers can add value by alerting them to the Sage course," said Nick Stancliffe, ESD business manager at Tech Data.