The introduction of legislation requiring employers to automatically enrol their employees into a pension scheme has placed additional obligations on senior management.
Our team assists businesses to review existing pension arrangements to ensure that they continue to meet management’s objectives and offer value for money to scheme members. We provide ongoing advice to ensure the scheme remains compliant with regulatory requirements.
The pension flexibility recently introduced by the government means that it is more important than ever that, through their schemes, employers can offer a range of options to employees on how they can take their retirement benefits.
Our team provides individual scheme members with advice concerning the investment strategy for their pension funds. We work with employers to deliver member communications through group presentations, written materials and face to face meetings.
We also have expertise in assisting trustees of defined benefit pension schemes meet their obligations in areas such as investment policy and scheme governance.