Corporate Pension Services
These services include:
Group Pension Audit
If you have an existing pension scheme, do you know for sure if it is fit for purpose? Our comprehensive Group Pension Audit will give you a definitive answer to this question.
Provider Selection Review – if you wish to establish a new pension scheme, or are tired of your existing pension provider and would like to adopt a new one, then we can review the entire group pension marketplace to recommend one which is right for you and your employees.
Advice on Salary Sacrifice
This is an alternative way for employees to make their own personal contributions to a pension plan. It has become very popular with both employers and employees in recent years. However it is important you receive advice on this, to ensure your salary sacrifice is set up correctly. We have many years of experience of advising employers on salary sacrifice, and also communicating the benefits of this to employees so they truly understand and value the benefit.
Ongoing Corporate Governance
The Pension Regulator has issued The Six Principle of Good Member Outcomes, which brings corporate governance to contract based pension schemes (such as group personal pensions). We can help an employer satisfy this requirement by holding annual governance meetings with the employer and their Governance Committee, where we discuss how the pension scheme is meeting these principles.
A bespoke communication program to ensure your employees understand the importance of retirement planning, whilst at the same time valuing the financial commitment made by their employer in helping to achieve their goals in retirement. We do this through a variety of different mediums, which are listed below;
- Lunch & Learn sessions
- Online material
- Telephone helplines
We understand that pensions can appear confusing, which is why we cut through the jargon and ensure all of our employee communication are delivered in an easy to understand language.
A cost effective, well run pension scheme help to create a productive, loyal and committed workforce, driven to go the extra mile for your company safe in the knowledge their retirement benefits are being well managed and they can look forward to a comfortable future.