21/06/2011
With our enhanced service, Scheme Administrators can manage new joiner and existing member contributions quickly and easily directly through Manage Your Scheme
There is no need for paperwork. The system helps reduce errors and allows Scheme Administrators to process contributions quickly and effectively – no matter how many scheme members.
29% of schemes are already using the service, with £190million of contributions managed to date.
Key features include:
Scheme Administrators can easily update records to show whether members are joining the scheme, leaving the scheme or taking contribution holidays.
Salary updates and changes to contribution levels can also be made.
To save time and ensure accuracy, we validate the details provided against the details we hold on our internal system in real time. Any discrepancies or missing information will be identified and confirmed immediately with the Scheme Administrator.
To learn more about the service, please speak to your usual Relationship Manager or contact our team on 0845 273 0001.
We may record and monitor calls. Call charges will vary.
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Our range of group protection products including critical illness cover and life assurance
Online tools and administration guides to help you set up and manage your schemes.
Providing you with product details and fund performance data.