Collegia Pension has launched a free payroll platform to its ESG auto enrolment pension — aimed at both the SME and larger corporate market.
This is the UK’s only completely free payroll platform, also designed for both in-house use or by accountants, payroll bureaus and umbrella companies.
Collegia points out that most payroll platform providers have restricted relationships with a handful of AE providers, and as a result any advisers have less input on the choice of AE pension a company offers, as this is often dictated by they choice of payroll software.
The company said it recognised that this has been a challenge to its growth ambitions, and that of the wider adviser community.
FreePayroll offer is HMRC approved, free for employers of any size, accountants and payroll professions and offers access to Collegia’s app-based AE pension, which utilised ESG compliant target date funds.
Using this service employees can accessing payslips, tax information, and personal details through the secure portal. Collegia is offer both AI and human support when it comes to dealing with queries from employees and employers.
Collegia CEO Eduardo Chazan says: “We understand the financial strain many businesses face, we also know that many businesses and their employees would like to support sustainability.
“FreePayroll allows employers to save costs and add value by harmonising their payroll software and auto-enrolment pension provision while offering a 100 per cent ESG solution.”
