Member Article

WR Financial Grows To Handle AutoEnrolment Workload

Three new recruits are helping Tees Valley-based WR Financial Management gear up for the increased workload from the Government’s auto enrolment pension programme.

The Stockton-based firm has taken its team to 17 with the addition of Andrea Softley, Perry Preston and Jack Mylchreest.

The Government’s auto enrolment scheme is being rolled out, with employers obliged to offer workplace pensions to all employees. The phased scheme will see all companies included in auto enrolment by October 2018.

WR Financial Management is already dealing with a number of small and medium enterprises (SMEs) preparing for auto enrolment. The largest companies were brought into the scheme in October 2012, while all employers with more the 250 staff should already be preparing for their deadline of February 2014.

Tony Slimmings, Managing Director of WR Financial Management, said: “The auto enrolment pension reform is one of the most important new pieces of legislation for business in many years and encompasses all companies, regardless of sector, structure or size.

“Many employers are having to think about pensions for the first time, and they have a deadline to work to, so we are seeing a significant increase in new business.”

WR Financial Management was founded in 1987 and offers independent financial advice to individuals and businesses.

Andrea, from Peterlee, has joined the firm’s Employees Benefits Team, having obtained a LLB in Law from Newcastle University. New private clients team member Perry, from Redcar, graduated from Teesside University where he obtained an Accounting Finance degree. Jack, from Darlington, has joined the pensions and benefits team, having been recruited from a leading employee benefits consultancy in Edinburgh.

Tony continued: “The growth in the business is a real boost because it allows us to recruit and develop young North East talent. It is great to bring Andrea, Perry and Jack into the team to help us deal with the new business auto enrolment is bringing.”

This was posted in Bdaily's Members' News section by Recognition PR Business Team .