Administration System

CTC’s Administration System ‘Elements’ helps makes pensions providers life simple. Here’s how.

 

With many tasks involved in the administration process, things can get messy due to the involvement of many platforms and outstanding to-do’s. Through CTC’s Administration system called ‘Elements’, you’ll be able to manage everything in one place. Consider this the only technology all pension providers need to manage all types of pensions from one place.

Elements have the ability to cater the system to a great range of groups:

  • All Defined Contribution Pension Schemes

  • Life Assurance Protection, Savings and

  • Investment Plan

  • Full range of Wealth Management Products

  • ISA, OIEC & Unit Trust-Based Products

  • Annuities – traditional, WP, variable

 

Introduction

An administration technology helps pensions providers create a sustainable business by streamlining their workflow with guaranteed regulatory compliance while ensuring an excellent customer journey.

With so many tasks, steps, and ensuring you have already complied with the compliance for all the stages, we understand that things can get complicated. Lucky for you, Here at CTC, we love to simplify complications while at the same time, making things easy for both you and your customers. If you’re curious to know how, this page comes as a treat.

With 3 decades of experience in offering technology solutions to pension providers and being trusted for what we do, our technology always has our end-users in mind: you and your customers. We dedicate a lot of our time to ensuring that we continuously enhance our product where possible and that anything we enhance will be in compliance with the existing and new regulations.

With that being said, not only will we take the majority of the workload off your shoulders, we’re also here to put your mind at ease by ensuring all stages are completed correctly and by ensuring that your customers understand everything without requiring a phone call to explain what everything means. We’re here to uncomplicate things and save you a lot of time after all.

 

About Administration

CTC’s Administration technology solution is 100% cloud-based, allowing you to perform all your administration tasks from one individual dashboard. View this as a dashboard of your responsibilities - the only difference is that all of your responsibilities are automated so you just have to oversee everything that’s going on.

Administration consists of pensions and wrap cloud-based business processing, providing communications, contribution processing, and full administration to diverse pension providers from auto-enrolment, Workplace, to SIPPs and SSAS.

 

What does our Administration Technology include?

Pension Administration

Full SaaS processing for all pension types

AE Direct

Complete processing of all employer information

 

Features

  • Views: Digital front-end allowing providers and their customers to interact and communicate with each other at any time, at their convenience.

  • Accessibility: Access information and data stored on the system conveniently in one place.

  • Digital journey: A digital journey, making communications and process simple for both providers and their customers.

  • Automation: Elements uses industry standards to interface with both internal and external systems. For investment processing and automated reconciliation, interfaces exist for banks, stockbrokers, platforms etc.

  • Compliance: Our technology ensures that any reporting provided will meet all the regulations requirements, including the existing and ones that will be introduced in the future.

  • CRM: Plan holder details together with a history of communications and other activity is available for CRM purposes by direct enquiry or selective search and for the generation of appropriate reports.

Drawdown admin

Member & advisor portal

Digital portal

 

PRESS

Statement

Compliance guaranteed

 

Helping you do and manage more in less time

 

How your organisation can benefit from using our Administration System

✔ Fully automated

✔ Audit trail

✔ Workflow management

✔ Reporting

✔ Compliant with the existing and any future regulations

✔ No human error

✔ Reduce risks and errors

✔ Pension providers do not have to track their to-do lists

✔ Automatically produce reports unique to each member

✔ View members, stages of the process, and tasks on one dashboard

✔ Manage account 24/7

✔ Optimised front-end

✔ Secure processing and rigorous data backup schedule

✔ Sustained business growth

✔ Offering clients an excellent online journey

How your clients will benefit when you use our Administration System

✔ Fully automated

✔ May revisit their account 24/7

✔ A better and automated journey

✔ Everything will be explained in a language that members will understand

✔ A much faster process

 

Need more reasons to choose CTC’s Administration technology today?

✔ CTC is trusted by industry leaders for 3 decades and counting.

✔ With the ever-changing regulations, we ensure that we are always ahead with the compliance so you can stay worry-free!

✔ Easy and smooth setup process (we will work with you through every step of the journey) and instantly reduce your workload while increasing the number of members/customers.

✔ Instantly taking the manual workload off your shoulders and helping you feel the ease of mind as we will take care of the regulatory compliance within our technology.

 

Hosting

Saving the cost and hassle of hosting applications, CTC typically provide its applications under a SaaS model. We are however equally comfortable supporting an on-premises deployment.

 

Download Administration System brochure