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Pensions on BenPal

For employers

  • Automated payroll and underwriting processes and access to real-time MI data mean employers can effectively manage cost and risk.

  • Accurate, streamlined data allows insurers to offer enhanced terms to companies that chose JLT.

  • Ensure tax efficiency through salary sacrifice schemes.

  • Targeted communications improve employee understanding.​

 

For employees

  • Increase take-up with online enrolment, targeted communications and interactive pension management.
  • Empower employees: allow them to choose a personal investment strategy, monitor the value of their pension fund on an ongoing basis and use the pension modeller to plan for the future.
  • Improve perception of benefits packages with the Total Rewards Statement, showing employees the total value of their benefits package.

 

For auto enrolment

  • Comprehensive, real-world solution to your auto enrolment processing needs.
  • Flexibility to select and administer the right choice of scheme for employees - either NEST, trust-based DC, GPP, or any combination.
  • Effective processes: BenPal provides a reliable interface with HR and payroll and an integrated opt-in/opt-out member interface.
  • Reduces the burden of complying with complex, time-consuming legislation.
  • Robust eligibility mapping identifies what employees are entitled to.


Contact us
for more information on how BenPal can help manage all aspects of your company pension.