Administration and Payroll
We believe that one size does not fit
all and we therefore provide different pension administration
systems for different needs:
-
Classic
is our long-established pension administration system and is
used by more than 150 clients
-
oPen
is aimed at medium to large pension schemes and is highly
scalable
-
P3
is suitable for small to medium sized pension schemes and has
minimal IT infrastructure requirements
Each system is suitable for Defined
Contribution, Defined Benefit, Career Average and also Hybrid
pension schemes. Furthermore, each system can be used to administer
a number of schemes at the same time and all feature additional,
integrated, modules for workflow, electronic
document management and online member/employer/trustee access.
To ensure compliance with auto-enrolment requirements, each
administration system will enable automated key administrative
processes, from the Staging Date, to ensure clients can effectively
manage additional routines that become necessary.
Our Pensioner Payroll software can be
easily installed and used with the three administration
software solutions and allows for pensioner record
maintenance, payroll processing and reconciliation. It
is compliant with HMRC e-filing requirements, including the
Real Time Information requirement, which is being introduced
in April 2013.