Pensions Payroll Solutions

HMRC recognised, RTI enabled, BACS approved and ISO 9001 certified.

Comprehensive and scalable pensions payroll solutions

Our Accord software powered pension payroll solutions, is offered either as a managed bureau service or as a hosted Payroll Software for Workplace Pensions Management and payment.

All employers are required by law to automatically enroll all eligible workers into a workplace pension and make a contribution to it. The new duties are being introduced gradually, and by 2018 all employers must have a scheme in place.

 
Our solutions are fully integrated with third party pension’s administration systems, is developed in- house and built on the powerful Accord Payroll platform which delivers 300,000 plus payslips and has been a leader in the market since 1998.
 
We’ve designed our pensioner payroll service with security and reliability in mind. It guarantees your pensioners will be paid accurately, on time and every time.
 
The service is certified to ISO9001 quality standards, BACS accredited, HMRC compliant and can include payments to overseas beneficiaries.
 
Salient features:
  • An in-house developed pensioner payroll system that is fully integrated with third party pension’s administration systems and highly customisable.
  • ‘Real time information’ (RTI) compliance. All types of pension payments are reported correctly to HMRC via RTI FPS/EPS.
  • A fully automated, more efficient transfer of pensioner payroll BACS files via any third-party pension platform
  •  Accessibility for pensioners via an optional online portal which enables your clients to view their pension history (gross, tax and net pay elements)
  • A comprehensive range of payment types, including (but not limited to):
    • Regular Income
    • Small Lump Sum from accumulation funds
    • Small lump sum from drawdown funds
    • Relevant Accretion Payment from accumulation funds
    • Relevant Accretion Payment from drawdown funds
    • Trivial Commutation Lump Sum, RTI Item 146 Type A,  from accumulation funds
    • Trivial Commutation Lump Sum, RTI Item 146 Type A,  from drawdown funds
    • Small Pension Pot=Other Lump Sum, RTI Item 146 Type B, from accumulation funds
    • Small Pension Pot=Other Lump Sum, RTI Item 146 Type B, from drawdown funds
    • Flexi-access, RTI Item 168, from drawdown funds
    • UFPLS, RTI Item 168, from accumulation funds
  • Supported by a dedicated IT support team.

If you want to find out more about our Pensions Payroll Solutions and how it can help you call us on 020 8550 7758 or email us at sales@payrollbs.co.uk.

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