Pension challenges facing modern employers
Are employers adding to the multiple Pension Pots problem?
More and more employees are taking control of their pensions, tracking down old pots, consolidating them, and actively planning for retirement. But when they join a company, the default scheme creates yet another pot, instead of supporting their efforts, the employer pension setup is adding to the problem employees are working hard to overcome.
One pension size does not fit all
Workforces aren't homogenous so why are their pension schemes? From Gen Z to seasoned professionals, people have different needs, values, and financial goals. They don’t all bank with the same provider, so why should they all pension with the same one? A single pension offering can’t inspire everyone and often it inspires no one.
When every pension has its own rulebook
Managing multiple pension offerings is a time drain. Juggling different provider portals, submitting physical forms, making separate payments, each scheme adds its own process, its own rules, and its own frustrations. What should be a simple benefit turns into an admin maze for your team.
How it works
1. Your clients' employees choose where their contributions go
They tell you which of their existing pension pots they want to use.
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2. You onboard them once through the Nexum portal
Our platform makes it quick and easy to register employees. One setup per employee, that’s it.​​​​
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3. You submit contributions as normal
At month-end, just upload your payroll file to Nexum, no extra admin.
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4. You or your client make one single payment
One payment covers all employee contributions, regardless of provider.
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5. Nexum takes care of the rest
We handle the distribution and communication to each provider.​​
Pension logos are illustrative and may not represent the full pension offering of Nexum Pensions.
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