Denplan has appointed Aon to provide it with an auto-enrolment pension scheme for its member dental practices. Many dental practices will soon be approaching their staging date, the date from which their automatic pension enrolment responsibilities come into effect. The move to partnering with Aon’s platform is based on the ease of simplicity across the board compliant solution.
Denplan was established in 1986 by two dentists who pioneered the concept of dental payment plans. Today, Denplan has a wide range of dental plans for adults and children, enabling patients to spread the cost of their private dental care through a fixed monthly fee. Denplan has 6,500 member dentists nationwide caring for approximately 1.7 million patients. Denplan is also one of the UK’s leading providers of corporate dental plans, with more than 1,900 schemes covering over 180,000 employees. Denplan supports regular attendance and preventive care, reducing the need for clinical intervention and helping patients to maintain healthy teeth and gums for life.
Auto-enrolment of pensions
Employers in the UK are obligated to enrol their employees into a qualifying pension scheme at their staging date auto-enrolment. This can cost companies time, effort and expertise in making sure that they are, and continue to be, compliant with The Pensions Regulator.
Consulting firm Aon has developed a one stop solution for companies that provides a full auto-enrolment function as a platform, called Littleblue. The auto-enrolment solution provides particularly SME employers with an easy to use and intuitive framework that is compliant to government demands. Littleblue is partnered with Standard life as well as NOW:Pensions and Scottish widows to offer a qualifying pension scheme with a market-leading annual management charge (AMC). The platform further offers a number of tools through Aon’s Bigblue technology platform that creates a single interface through which employees can manage company specific pension’s needs.
Aon’s auto-enrolment solution Littleblue will be able to support Denplan practices with a step by step pension solution which can significantly ease the burden of complying with the new pension regulations. “We believe there are many dental practices that are not yet aware of how the law on workplace pensions has changed, or if they do know about the new regulations, they may not have started preparing for auto-enrolment yet. We are working closely with Aon to inform our members about the pension changes and how this could impact their practice,” explains Henry Clover, Deputy Chief Dental Officer at Denplan. “We believe Aon’s Littleblue auto-enrolment solution will save our members time and effort and help practices navigate smoothly through the process.”
Clare Abrahams, Head of Auto-enrolment at Aon Employee Benefits, adds: “Denplan, with its thousands of members across the country, is an example of a multi-employer organisation which is aiming to make the auto-enrolment process easier for its members by offering a preferred solution. We are very pleased to be working with them and look forward to rolling Littleblue out across its member dental practices.”