Nexum Pensions (Nexum) has announced a new strategic collaboration with People’s Pension, the UK’s largest commercial master trust.
Under the new agreement, People’s Pension will join Nexum’s growing network of pension partners, supporting Nexum’s work to connect payroll, pension providers, employers, and employees more effectively. People’s Pension will become the first pension provider connected to the Nexum Pensions platform, marking an important step in expanding the range of pension providers within the Nexum ecosystem.
The strategic collaboration supports Nexum’s wider mission to simplify the pension ecosystem, improve the way payroll and pension providers work together, and help more people achieve better retirement outcomes.
Workplace pension administration relies on the accurate movement of information between several parties. Payroll teams calculate contributions and assess workers. Employers must meet their automatic enrolment...