If your HA components are anything like mine, they are not particularly reliable, at least not for something as mission-critical as pool equipment. I have to swap mine out every so often. They just poop out. If everything pool is wired to one multi-component, if that component fails, you'll lose everything. If each pool function is wired to a dedicated switch or single relay, then if one goes out, you don't lose everything, and the repair/replacement will likely be less expensive.
Just a little HA-reliability strategy for ya... it usually comes down to some sort of trade off: programming convenience vs ease of installation vs reliability vs initial cost vs repair cost... etc.