Benefits Admin
Elevate Employee Well-Being & Organisational Success.
Managing trust accounting and settlements for your employees is a critical aspect of your organisation’s financial health. Our Benefits Administration services are designed to offer you comprehensive solutions that streamline trust administration, provide expert advisory services, and ensure compliance with regulatory requirements. With a dedicated team of professionals, we take the complexity out of trust management, allowing you to focus on your core business activities.
At AscentHR, we are committed to delivering Benefits Administration services that offer peace of mind, enhance financial security, and foster compliance with all regulatory requirements. Our experienced team is dedicated to providing the highest level of service, enabling your organisation to thrive while we take care of the intricacies of benefits administration.
From trust accounting and expert advisory to seamless trust setup and maintenance, we empower your organisation to navigate complex financial decisions and ensure compliance effortlessly. Explore our Benefits Administration services:
Trust Accounting & Settlements
We handle the administration of trust accounting and settlements for employees of our clients. During board meetings, we provide valuable advice on fund balance status, interest earned, and settlements processed. Our transparent reporting keeps you informed and in control.
Advisory Services
We offer expert guidance to help you make informed decisions regarding the management of funds, whether through trust or the Regional PF Office. Our advisory services are tailored to your specific needs, ensuring you choose the most suitable approach for your organisation.
Trust Setup & Maintenance
Our services encompass the complete lifecycle of trusts, from setting up a trust to its closure. We assist in drafting board resolutions, conduct trust audits, and work closely with government departments such as IT and PF to ensure compliance and transparency.
Employee Nomination Forms
We manage end-to-end onboarding forms, including employee nomination forms. Our meticulous record-keeping ensures that employee nomination forms are maintained accurately, helping you meet your legal obligations effortlessly.
Retiral Fund Management
We handle various aspects of retiral fund management, including the accrual of gratuity and superannuation fund management. Our expertise ensures that your employees’ retiral funds are secure and well-maintained.
PF Loan & Settlement Process
As part of our comprehensive services, we manage the PF loan and settlement process efficiently. We streamline the application process, ensuring that employees can access their funds when needed, while also simplifying the settlement process for those transitioning out of the organisation.