Pensions - Articles - NEST ‘Top 50’ award shows importance of payroll for AE


 Payroll World this week announced their Top 50 Payroll Professionals of 2013 after nominees were selected from a strong list of industry nominations. Graham Davey, central accounts manager at NEST, is the only professional from a pension provider to have been awarded the accolade this year.

 Commenting on his achievement, Graham said:

 ‘NEST recognises how critical the payroll industry is for the successful implementation of automatic enrolment and has made good progress in building strong working relationships with payroll software developers and service providers. We have developed a range of technical data specifications, support materials and delegated user facilities to ensure NEST can work smoothly with payroll software and services. It’s fantastic for our work to be recognised in this way.

 ‘Employers need to comply with their automatic enrolment duties every pay period, and they can’t do that without the involvement of their payroll people or service provider. Efficient payroll data and processes are key to the worker assessment calculations and other aspects required when complying with the automatic enrolment regulations. As an industry we need to be committed to understanding and working with payroll to help employers meet their duties.’
  

Back to Index


Similar News to this Story

4 ways completing a tax return can help boost your pension
Missing the Self-Assessment deadline not only risks a penalty for late filing but could cost individuals hundreds, if not thousands of pounds in uncla
DWP holds AE thresholds with GBP90bn of pensions expected
The DWP has issued its review of the Automatic Enrolment Earnings Trigger and Qualifying Earnings Band for 2025/26, retaining all three thresholds at
Response to Triple Lock means testing comments
Aegon has called for ‘a future focused debate on a sustainable state pension’ following comments on the Triple Lock by Conservative leader Kemi Badeno

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.