Bookkeepers & Accountants

The most common statement we hear from accountants is "I can't be involved in Auto-enrolment becuase I don't know anything about pensions". Well you can! Pension PlayPen takes the risk away from you and your client.

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Remove the pension risk

We're the pension experts. We are fully insured and take responsibility for advice and guidance to your clients.

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Never turn a client away

We will help you strengthen your relationship with existing clients, and provide the add-on services new clients are looking for.

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Keep clients compliant

You know about compliance but with pensions it's not easy. We will keep your clients on the straight and narrow.

Why you can trust us

We don't take kick backs

Unlike most comparison sites we do not get paid when you choose a provider.

Our independence is the most important thing to us

 

Our research is done by experts

All of our website analytics are produced by First Actuarial, a leading UK actuarial consultancy.

First Actuarial are fully independent of the pension providers and have many years experience of advising employers on their pension requirements.

They are shareholders in Pension PlayPen and committed to our vision of providing employers with the means to select a good workplace pension in a simple and cost effective way.

The 6 metrics of scoring a provider

We combine these scores to give each provider a rating out of 100.

We look at the headline annual management charge (the percentage of their fund people pay the provider to manage their pension) of the default investment option. We do not take into account (here) the other investment costs (fund expenses) as these are analysed in the investment metric. The lower the headline cost, the higher the value we give to the provider’s proposition.

We use a specialist division of First Actuarial for investment analytics. It has developed a complex rating system of its own based on value for money which looks at the following to assess the likelihood of the fund meeting its target: the costs... ; the investment process...; the asset allocation; the quality of the fund management team. We then assess whether the fund's target is appropriate for the job.

Pension freedoms have changed everything. We rate providers on the options they offer members and on the quality of those options.

We continue to develop a sophisticated monitoring service that takes feedback from over 50 payroll software providers on the compatibility of each provider to its software. The aim is to provide a software specific rating. Currently we provide general ratings for each provider, which are not software specific – the upgrade to software specific is expected in December.

This metric looks at the capacity of the provider to offer meaningful information and the tools necessary for members to make informed decisions on contributions, fund selection, at retirement options and any special features of the plan which require member choice.

This rating looks at the sustainability of the provider’s business model. It analyses the appetite of the provider to stay in the market, its marketing, the success of its marketing, its financial position and the stress that its business model will come under as the numbers of new schemes increase. Finally we look at the quality of the Governance infrastructure that underpins the plan

CREATE YOUR ACCOUNT

Auto-enrolment is your territory, own it!

If you don't offer a complete solution someone else will.

Accountants and Bookkeepers can't rely on Financial Advisers to pick up the slack on auto-enrolment

Traditionally accountants and bookkeepers would work with financial advisers to support the pension making decision. With new rules on commissions, and SME's reduced appetite to pay upfront fees, there is an advice vacuum.

Pension PlayPen fills the advice vacuum at a single low cost fee allowing you to have confidence in the auto-enrolment solution you offer.

GET STARTED

There are 3 ways to use Pension PlayPen

You complete it for your client

You complete the process for your client You add all the required data and then share the results with your client once you have the pension providers' offers. You can do this by either sharing the enquiry online, or by downloading their PDF reports.

Add payroll data and hand off

You add your client's payroll data and then use our share feature for them to complete the process and make payment. This is the easiest way to have a light touch.

Client undertakes the process

If you don't want to get involved with auto-enrolment but your client is still looking for help, direct them to this website and we'll take care of them.

Have more questions?

Contact us