We have helped employers to set up pension schemes for their employees. a pension scheme is a very effective tool in employee recruitment and retention, helping an employer to demonstrate it's commitment to and support for it's employees. Pension schemes are a very tax-efficient way for an employer to reward it's staff.
Factors to consider when setting up a new employer's pension scheme
- The available budget
- Which employees might be offerred the scheme
- Benefit levels for different groups of employees
- Eligibility. For example - two years continuous service
- The type of scheme - Final Salary or Money Purchase.
- Contracting out of The State Second Pension
- Employment legislation
- Member Trustees
- Communication
- Servicing the scheme
For information on how we can assist with new or existing pension schemes Contact Us or use the Enquiry Form.
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