We work with clients to ensure their Company Pensions are run proactively and professionally and are valued by their employees, in accordance with their corporate benefit objectives.
Our service proposition ensures that as a minimum the scheme is managed as recommended by The Pensions Regulator in their guidelines. We then offer additional services via a menu that can be selected as required on an annual basis, to meet our client’s objectives and budget.
As such our Company Pension Scheme service proposition is split into three elements:
- ‘Core’: This element is compulsory and provided to all clients in order to ensure the overall service achieves the employer ‘best practice’ guidelines as defined by the Pensions Regulator. Services included are:
- Annual Scheme Governance report
- Unlimited Employer Helpdesk
- Contribution Payment Support
- Unlimited Member Helpdesk
- Full Retirement Options Advisory Service
- New Member Information & Processing
- Risk Graded Default Investment
- Member Investment Risk Profiling
- Annual Statement Audit
- Leaver administration
- Documented Service Standards
- ‘Additional’: These are the additional services which our clients often request. These can be selected and deselected each year according to a client’s corporate objectives.
- Ad hoc teleconference / face-to-face employer meetings
- Member Pension ‘Clinics’
- Bespoke Individual Member Investment Advice
- ‘Goal Based’ Retirement Planning Reports
- Retirement Service including a Member’s ‘Other Pensions’
- Pension Transfer Advice
- Group Presentations
- ‘Ad Hoc’: These are services we can provide on an ad hoc basis as required which unlike the ‘Core’ and ‘Additional’ services are individually priced depending on the circumstances.
- Salary Sacrifice Implementation
- Advice on employees transferring under TUPE terms
- Full market review to consider alternative provider terms
- Pension contribution benchmarking within industry peer group
- Implementation of switch in pension scheme provider
- Due Diligence reporting on benefits within companies due to be merged or acquired
- Comprehensive review and recommendations for historic corporate pension schemes
- Employer document review service (Handbooks)
FREE Company Pension Scheme Review
If you have an existing Company Pension(s), we will provide a review at no cost or obligation. The review will incorporate the following:
- Written summary of your current scheme and review against The Pensions Regulator’s Best Practice guidelines
- Benchmark review against new schemes available in today’s market
- Confirmation and feasibility of potential enhancements
- Advice and solutions for effective communication strategies