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Can we have more than one pesion provider? Auto Enrolment FAQs

Article ID

11761

Article Name

Can we have more than one pesion provider? Auto Enrolment FAQs

Created Date

6th April 2017

Product

IRIS PAYE-Master, IRIS Payroll Business, IRIS Bureau Payroll, IRIS GP Payroll, IRIS Payroll Professional, Earnie, IRIS Earnie IQ

Problem

Can we have more than one pesion provider?

Resolution

Yes, you can have several pension funds and pension deductions.  However, only one pension fund can be used as the automatic enrolment Default Pension Fund.

If you have more than one Automatic Enrolment scheme and want to automatically enrol certain groups of employees into different pension schemes, when processing the payroll you could follow this process:

resizedimage232600 AEMultiAEFund | Can we have more than one pesion provider? Auto Enrolment FAQs

For further auto enrolment FAQs click here

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