Now: Pensions and ADP in payroll link
The chief executive of Now: Pensions said: “For employers tackling the complexities of auto-enrolment, payroll providers are very often the first port of call for support.”
Now: Pensions will be available to ADP’s UK payroll clients looking for “seamless payroll and auto-enrolment pension provision” where scheme acceptance is guaranteed once the online documentation is verified.
Mr Nilsson said the relationship would remove the burden of work for employers, significantly reduce implementation risk and mean that ADP and Now: Pensions delivered “a complete straight-through process” for employers.
There is also no scheme underwriting, no minimum membership numbers and no minimum member contribution levels.
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 that eases the burden of auto-enrolment.
“We recognised that together we could deliver a complete solution that removes most of the work employers need to undertake to deliver a fully compliant and attractive auto-enrolment proposition.”