What can I expect from a pension auto-enrolment service?
Auto Enrolment can be fully integrated with our software taking the pressure off you as the employer. The automated processes include:
- Assessment of all new employees for eligibility for auto enrolment
- Automatic posting of the member’s pensionable pay and the combined pension contributions on the scheme member’s record each pay period
- Producing a mandatory confirmation letter when an employee joins the scheme
- Most of the major pension companies can be integrated with our software and we can also set up traditional pension scheme deductions.
- Registering all eligible new employees with the appropriate pension scheme
- Notifying the scheme administrators of employees opting out of the scheme, taking a break from paying contributions and restarting after a break
- Updating scheme member records as employees leave your employment