Aviva has teamed up with HR and insurance tech start-up hibob in a bid to help small and medium sized companies set up their workplace pension schemes.
The hibob platform - which launched in June 2015 - aims to help smaller businesses deal with their human resource and people management responsibilities.
The deal with Aviva will allow businesses using the hibob platform to simplify the auto-enrolment process and will use employee data on its system to automatically assess eligibility and plan costs before feeding the results directly into Aviva's online system.
From there, a small business owner or their business adviser can complete the auto-enrolment journey. Hibob said the whole process will take 15 minutes.
Aviva said hibob clients will also be eligible for a discount on the employer charge with Aviva's Workplace Pension.
Aviva managing director of business solutions Andy Beswick said: "Working with hibob is a natural step for us. They have a great team with huge ambition, are well funded and are already doing incredibly innovative things to help smaller businesses deal with their HR and People Management responsibilities.
"We will set up a workplace pension for companies of all sizes, including those with just one employee, and we have created a simple online application process. hibob clients will be able to send their data to us and set up their workplace pension in just 15 minutes."
Hibob chairman Lady Barbara Judge added: "Having been the chairman of the Pension Protection Fund and the current chairman of the Institute of Directors, I know first hand how businesses feel when embarking on what is perceived to be a lengthy and complex journey to auto-enrolment.
"This partnership is ideal for businesses. Hibob uses smart technology to take away the pain of set-up administration, whilst Aviva delivers expertise, scale and credibility in pensions, which is so important when thinking about the long-term financial future of your employees."
Hibob co-founder and chief executive Ronni Zehavi added: "We're committed to changing the way SMEs manage their people and, in particular, helping businesses set up, administer and engage their employees with the important benefits they provide.
"Collaborating with a brand like Aviva is incredibly important for us. Aviva is one of the most established companies within this sector and yet the team has a hunger and desire to become one of the most modern and innovative businesses out there. We are excited to work and build on this collaboration in the coming months and years to deliver efficient and market leading solutions for our customers."
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.
This week's top stories include an article on climate activists from Extinction Rebellion crashing the PLSA's local authority conference, and an in-depth piece on the Court of Appeal's ruling on the BIC UK Pension Scheme case.
Engagement in pensions is rising but there are still a number of barriers to overcome. Natanje Holt looks at the key issues that need to be tackled