NOW: Pensions is working together with ADP, one of the world’s largest suppliers of business outsourcing and Human Capital Management solutions, to provide its UK clients with an integrated auto enrolment process.
NOW: Pensions will be available to ADP’s UK payroll clients, who are looking for seamless payroll and auto enrolment pension provision, where scheme acceptance is guaranteed once the online documentation is verified.
This relationship removes the burden of work for employers, significantly reduces implementation risk and means that ADP and NOW: Pensions deliver a complete straight through process for employers. There is no scheme underwriting, no minimum membership numbers or any minimum member contribution levels.
With ADP’s extensive expertise in payroll systems delivering the required employee assessment and NOW: Pensions handling the statutory communications for all categories of employees (including eligible, non-eligible and entitled workers), as well as the ongoing pension administration, employers have a complete solution that requires little ongoing work and intervention.
Trevor Townsend, Product Development Director at ADP said: “As a trusted payroll provider it makes sense for us to work with a pensions provider like NOW: Pensions so that we can provide our clients with a solution which eases the burden of Auto Enrolment. We recognised that together we could deliver a complete solution that removes most of the work that employers need to undertake to deliver a fully compliant and attractive auto enrolment proposition.”
Morten Nilsson, CEO of NOW: Pensions said: “For employers tackling the complexities of auto enrolment, payroll providers are very often the first port of call for support. We are delighted to work alongside ADP to support their clients through the process and beyond.”