Tenet issues warning on auto-enrolment

With timescales of anywhere between six and 18 months to complete the process, the company has cautioned that there is a worrying lack of awareness amongst employers as to exactly what is required and how much time they have left to do it. Tenet's group brands director Mike O'Brien estimates that some 65-75% of those companies becoming eligible will not have the in-house resources to handle the transition themselves - and instead will be looking to IFAs and specialist auto-enrolment consultants to help facilitate it for them. "It's a massive opportunity for our sector," he said, "yet ...