Previnet provides for the administration of pan-European pension schemes which operate in multiple currencies and funds, have cross-border employers and offer their internationally based members multiple investment solutions. Solutions are compliant with local legislation and requirements. The administration is entirely run on a centralised level and a single web multilingual platform is accessible by all members and stakeholders.
Services are inclusive of:
- project set-up and migration from other plans
- full member record-keeping (DC&DB)
- new members enrolment according to country-specific regulations
- contribution and data collection
- cash & holdings reconciliation
- investment management
- order routing for custodian banks and investment managers
- change investment option (switches)
- change TRA (Target Retirement Age)
- lifecycle/TDF (Target Date Funds)/Self-Select investment options
- benefits & leavers administration + annuities management
- multilingual, secure, interactive web portals for members (+ tools)
- apps for members
- web portals and tools supporting uploading and data-exchange for HR and payrolls
- members communications, output and reporting
- pension projections
- risk profiling
- email and text message alerts
- BI & Data analytics
- centralised reporting & governance for plan supervisors
- monitoring & reviewing tools
- compliance including Tax & SLL management (per country)