Setting up pension information from NEST into Finity requires careful attention to detail to ensure accuracy and consistency. This article provides a comprehensive guide on how to set up NEST pension information in Finity, covering the required fields, the correct values to enter, and where to find this information.
It is crucial that the NEST pension information entered into Finity matches exactly with the information in your NEST portal. This includes ensuring that all details are case-sensitive and accurately replicated to avoid any discrepancies that could lead to issues with pension processing and compliance.
In this guide, you will learn:
The specific fields required for NEST pension setup in Finity.
The correct values to enter in each field.
How to retrieve the necessary information from your NEST portal.
NEST Pension Fields
The information in these fields must match exactly as they do within the NEST portal itself - and this is case sensitive - should the information be incorrect on either side, you will likely encounter submission errors.
Field | Value |
Is Pension Provided | Box is checked |
Is Nest Web Services Enabled | Box is checked |
Pension Payment Group | [DEPRECATED] |
Weekly Pension Payment Group | Enter your Weekly pension payment group as it appears in NEST |
Fortnightly Pension Payment Group | Enter your Fortnightly pension payment group as it appears in NEST |
Monthly Pension Payment Group | Enter your Monthly pension payment group as it appears in NEST |
Pension Payment Source | Enter your Payment Source as it appears in NEST |
NEST Employer Reference Number | Enter your NEST employer reference number as it appears on NEST |
NEST Delegate ID | Enter your ID |
NEST Username | Provide your username to log into the NEST portal |
NEST Password | Provide the password to log into the NEST portal |
Pension Staging Date | Enter the staging date |
Pension Deferral Date | Enter the date for a deferred start |
Where to enter your NEST Pension information
Step 1: Open the Admin menu
Click on Admin from the dropdown button at the top-right corner with your initial.
Step 2: Go to Payment Companies
Under the Administrative Entities section, select Payment Companies.
Step 3: Locate and edit the Payment Company
Find the Payment Company you want to update from the list.
Click the Edit button on the right-hand side of the company's name.
Step 4: Access the Details tab
You'll be taken directly to the 'Details' tab for the payment company.
Step 5: Scroll down to the Pensions section
Scroll down the page until you find the Pensions section.
Step 6: Enter Pension information
You'll see several fields that need to be filled in with pension information.
Use the values provided in this document to fill in the information accurately. (Please refer to the list of NEST Pension fields above.)
Please note that the fields NEST Username and Nest Password are only visible to users who have the supervisor role. If you do not see these 2 fields, kindly reach out to your manager to request for the supervisor role.
Need help? Please contact Finity support team via live chat.