Providing a pension scheme for your workforce is one of most important decisions that you as an employer will make.
It is your responsibility to ensure that your workers receive their benefits on time and are provided with clear, easy to understand information about their pension scheme. Therefore, the decision to outsource your pension scheme administration is crucial and should be part of a well thought out process.
Whether you need advice on sourcing the right pension scheme, updates on your scheme performance or require help with educating your employees on their pension values, we can provide support at every stage.
Our employee benefit communications are designed to ensure your workers are able to make informed decisions about their retirement savings. Let us help you find the right balance between too little and too much choice; we can develop a solution that your employees really want and will use.
Salary exchange (also known as Salary Sacrifice or Smart Pay) can help provide some of your employees with the opportunity to increase their pension contributions.
With workplace pension contributions due to increase to 8% over the next few years under auto-enrolment, implementing a salary exchange structure in to your business could prove financially beneficial for both you and your employees.
We will ensure your pension scheme is fully compliant. All pension schemes should be designed and run in their members’ best interests, and be capable of delivering a good outcome.
We provide a comprehensive view of your scheme performance, creating a framework which allows you to review it regularly and supplies a full audit history. This approach allows you to see the true performance of your benefits scheme.
We can help you with:
Establishing a framework
Risk review reporting
Performance monitoring of your benefits schemes
Full audit history
Employee benefits consultancy and brokerage
Our employee benefit consultancy team has over 100 years’ experience. They work closely with you to get an understanding of your business and the challenges it faces and use this information to create and deliver sustainable group pension and employee benefit solutions.
Once your pension / protection, health or wellbeing scheme is established we provide ongoing advice to help you achieve your business goals and legislative obligations.