UK Pension Management - Export of Data to Pension Providers

When employers process pension automatic enrolment, and deductions from the payee and employer are made, this information needs to be sent to the designated pension provider. There are many pension providers in the UK and each of them has their own file format requirements and methods to receive this data.

FastTrack360 now has a Pension Management screen to be able to manage the potential different layouts. In this release, the output requirements for NEST and NOW:Pensions have been developed.

Along with the development of the output data and the place where the generation of data takes place, some further system changes have been made to cater for these pension providers. The following links will describe the changes that have been made on top of what has already been provisioned.