Introducing Pension Switch: Move or import your existing pension, within Kota

Move or import your existing pension, all within Kota

We're excited to announce the launch of our new feature, Pension Switch, a non-advised service which allows users to move their existing pension provider to our integrated pension provider, Smart Pension. 

Managing multiple benefits across different platforms takes time and effort. With Pension Switch, you can move your Smart Pension scheme to Kota or bring your existing pension from another provider, all within minutes. This is the first time this seamless integration has been made possible, marking a considerable milestone in our mission to simplify HR and finance operations.

The Usual Process Simplified

Typically, changing pension providers involves a lengthy and complex process with numerous steps and paperwork. With Pension Switch, Companies  can now seamlessly move their existing pension plans to the Kota platform to be managed alongside their insurance, and flexible benefits from a single platform. This means a hassle free transition, centralised billing and payroll reporting for core benefits and less inefficient administration. 

Smart Pension is one of the UK's largest workplace pension providers, with over 1 million members saving for their retirement. Kota works with Smart Pension to enable employers to set up and manage their pensions from within the Kota platform. Our integration with Smart Pension means that you and your employees don’t have to jump between benefit providers to manage your UK benefits packages - you can do it all within the Kota platform.

By combining pensions, insurance, and flexible benefits management, we eliminate the need for multiple services and tools. This consolidation saves time but also reduces the risk of discrepancies and errors, ensuring a smoother operation for your HR and finance teams. 

How it works

Bring your existing Smart Pension scheme.

1. Select your billing entity: Kota helps consolidate the billing process for all your benefits.

2. Create an adviser invitation for Kota: Invite Kota to be an adviser in your Smart Pension portal; we can support you here if necessary.

3. Import your employees to Kota: Easily import your employees from Smart Pension to Kota.

4. Manage your pension scheme in Kota: Manage the scheme and how much you contribute to each member.

Switch to Smart Pension from within Kota

1. Provide details on your existing Smart Pension scheme

2. Add signatories for signing and billing details

3. Move your employees to Smart Pension: Very efficient process so Smart Pension receives a record of your employees.

4. Wait for confirmation from Kota that Smart Pension has received your details.

If you have an existing scheme in the UK and would like to learn more about centralising your employee administration, talk with our team by booking a call here.