When looking to provide a seamless automatic enrolment solution for your corporate clients the connectivity between each company’s payroll software and the pension provider needs to be bullet proof.

 

Intelligent Money has spent the last three years working with payroll software and encryption specialists to develop a system that meets all of the compliance and logistical requirements of automatic enrolment. We then tested and retested our system with numerous advisers, changing and adapting the interface and technology according to their feedback.

 

The result is that instead of having to rely on ‘middleware’ for payroll to provider communication, we can provide you with an ‘end to end’ interface designed by advisers – for advisers – and developed by specialists from each field. Our system ensures full compliance with all automatic enrolment rules and, importantly, assessment reports in the format advisers require.

 

After three years of development and Alpha testing we went on to stage 20,000 employees during the Beta testing phase. This system is now at the core of our automatic enrolment proposition.

 

Key Points

 

• Intermediary only – employer has to have an adviser in place

• No scheme pricing – will take all employers/employees

• Unlimited capacity

• Pension Compliance Management Software produces assessment reports, dynamic compliance reports and;

• Automatic assessment of employee eligibility

• Allocation of suitable pension

• Contributions management

• Employee communication management

• Full audit reporting data cleansing reports

• Digital storage of statutory documents