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Insight Pension Administration
 

The modern solution for the modern pension

Post A-day, the market has opened up to a new breed of flexible pension products. Many providers are looking to gain the competitive edge by launching complex comprehensive new products, but are faced with the challenge of significant back office administration system costs, old technology, huge lead times and limited post A-day functionality. 
 
Imagine being able to manage all aspects of a flexible retirement product using one affordable new technology solution. Being web based, access to the data can be managed to deliver a client view, adviser view and of course administration view of the scheme. 
 
Standard functionality includes Drawdown, Phased Annuity Purchase and Accumulation management. Fund selection for regular contributions and fund switching for self managed schemes. In addition, interfaces exist to consolidate fund purchase and sales and export direct debit payments. 
 
Key Features: 
 
Agency Management
  • Agency structure
  • Agency bank account
 
Scheme Advisor
  • Commission Terms
  • Commission Payment Management
 
Scheme Management
  • Client Details
  • Plan Header
  • Accumulation Policy
  • Phased Annuity
  • Income Drawdown
  • Benefit Crystallisation
 
Contribution
  • Transfer In
  • Single Contribution
  • Regular Contribution
  • Tax claims
 
Fund Management
  • Fund selection template
  • Fund switchingInvestment process
  • Disinvestment process
  • Consolidation purchase
  • Fund price feed
  • Fund purchase/sale feed
 
In Payment
  • Pension payment management
  • BACS export
 
Processing
  • General Ledger
  • Tax Management
 
Redland Professional Solutions Team 
  • Team of financial services project and software specialists
  • Project management, change management, business analysis
  • Proven project delivery record
  • Choice of formal project approaches
  • Ability to integrate with an existing programme
 
Cutting Edge Technology 
  • Web browser based .NET solution
  • Scalable architecture
  • Enterprise security
  • Latest Microsoft SQL server database platform
  • Intranet/Extranet/Internet deployment options
 
 


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