The benefits of using Monthly Contributions Reconciliation

We’re now seeing real benefits and receiving feedback from employers now they are on Monthly Contributions Reconciliation (MCR). We thought it would be useful to share some of the positive feedback. 

Employers are finding by using MCR:

  • There’s been a reduction in data cleanse activity required when employees retire
  • A reduction in member complaints due to data being accurate
  • More accurate retirement quotations and benefit statements
  • Better member experience and ability to understand the current value of their benefits. 

We encourage the use of MCR as it improves your experience with administering the Scheme. Be sure to check out our dedicated MCR webpages and informative forms and guides

We’ve also a keen MCR team who are there to support you through any MCR specific queries and can be reached via email (This link opens in a new window), or alternatively you can call 0345 300 3756 (option 4) to speak to the team. 

 

 

Last Updated: 01/11/2022 17:00