Aegon has unveiled plans to launch an auto-enrolment ‘hub’ in Q4 2012 to provide support and communication for companies.

The proposition will offers employers support in identifying different categories of workers based on payroll, communicating with employees, collecting opt-out data, managing auto-enrolment and integrating technology to collect contributions.

Aegon’s group pension products are already ready to be used as auto-enrolment schemes for new and existing businesses and it is developing a platform solution for the workplace savings market. This platform solution is expected to be completed in the next few months.

Paul McMahon, Aegon UK group marketing director, believes employee engagement is vital for employers wanting value for money from their investment in employee pension provision.

“Auto-enrolment presents a significant communication and administrative challenge for employers. But, if it’s done well, it’s also a great opportunity for them to engage with their employees and boost the value of their employee benefits spend.”

Aegon also has a dedicated pension reform website and mobile phone app to help financial advisers and employers keep track of the key legislative dates.

Auto-enrolment will be implemented in gradual stages dependent on the size of the firm. It will begin for the largest firms in October 2012 and aims to be completed for all firms by 2015.