When a member retires, it is likely that their pension will be paid for a long time to come. It is also possible that payment will continue to their dependant on death.
During this time the pension may increase, and the individual tax code and tax allowance almost certainly will. The member may move house and probably change their bank account. Things never stay the same for long!
We are a registered and approved BACS bureau. Using specific (and secure) software, coupled with our integrated pensions administration and pensions payroll software we offer a complete pensioner payroll function for service to trustees.