Pension Fund
Administration

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Features

  • Accurate member registry
  • Employer and member contributions
  • Reserve account management
  • Audit trail and history on changes
  • Automated contribution certificates
  • Easy tax submissions
  • Risk and benefit calculations
  • Cash management and reconciliation

Doing benefit administration can be cumbersome and expensive, not to mention the risk if you don’t have proper audit trails of all your transactions. One of our clients needed a system to replace their manual processes, spreadsheets and archaic systems that made audit trails difficult. Administration overhead was getting to much and eating into profits.

They now use our Software to manage Retirement Annuity Funds, Pension Preservation Funds, Provident Preservation Funds, Managed Annuities, Living Annuities and Umbrella Funds in an accurate and cost efficient manner. They have easy access to all transactions and history of who changed what.