Ceridian UK to launch products for pension reforms

Ceridian UK is to launch a series of products to help large employers manage the cost of the pension reforms, which are due to come into effect from 1 October 2012.

The products include software that will identify and enrol relevant employees into a chosen pension scheme, ease communication and administration, and take care of all the necessary activities to help employers remain compliant with the reforms.

David Woodward, chief product and innovation officer at Ceridian UK, said: “Our products are really going to help employers manage auto-enrolment in a cost-effective and risk-free way.

“The auto-enrolment and administration module manages all aspects of the administration, from sending automatic communication to employees to handling opt-out requests and refunds to managing the postponement periods.

“This will reduce the manual impact significantly and it can also manage the electronic exchange of data between our payroll product and the pension provider.”

Read more on pension and payroll administration