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Sprite Services successfully upgrades systems for Pensions Auto Enrolment

Sprite Services successfully upgrades systems for Pensions Auto Enrolment

Sprite Services are pleased to announce that their comprehensive test programme, in respect of Pensions Auto-Enrolment, was a great success, and their dedicated pensions team have completed the pensions upgrade and their systems are now fully deployed and ready to accommodate the requirements of the new legislation. 

Early opt-in’s, opt out’s and various other pension notifications are all accommodated within their advanced software and the PAYE web calculator have been updated to incorporate the requirements of Pensions Auto Enrolment.  Communication between Sprite and their pensions provider (NEST) is fully integrated enabling their employees to make the choices that work for them.  

Sprite are postponing their staging date by three months and, on the 1st August, all of their employees will receive a letter advising them of this. Therefore, the first pensions deductions will not take place until 1st November thus providing plenty of time for each worker to have reviewed their own pension situation, and to make their own choice regarding on-going membership of the scheme. 

Lorraine Crinson, Managing Director, spoke about Sprite’s preparations, “The idea behind the legislation is to encourage workers to save for retirement, which we at Sprite see as a good thing. We hope the scheme is well received by our employees and it will be interesting to see the patterns developing regarding opt outs.”

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