The Pension Consulting Service
A one-off consultation with a pensions expert to assess your existing scheme
What is The Pension Consulting Service?
Our service begins with an hour of consultation with one of our pension experts. During this session, we will seek to gain a thorough understanding of your current pension provision since auto-enrollment began or since your last review, whichever is most recent. You will have an opportunity to learn about the latest legislation from the Department of Work and Pensions and discuss any concerns you may have.
We will then assess whether your pension provision scheme is compliant with the latest legislation.
After the consultation, you will receive a brief report that will highlight areas for improvement, give recommendations for the future and a list of actions to implement. The report will give you practical advice on how to improve your pension offering and advice on whether there could be a better scheme from another pension provider.
How does our Pension Consulting Service help?
The legislation surrounding workplace pension schemes is constantly changing. It can be difficult to maintain a sound understanding of every detail of every development alongside your regular workload.
It is also a legal requirement that pension schemes are compliant, with the Pension Regulator promising to conduct spot checks on employers from now on and financially penalising companies who are not adhering to statutory requirements.
Our Pension Consulting Service is designed to take the hassle away from keeping up-to-date with every announcement. It also gives you the assurance that your scheme is compliant and you are not at risk of penalty charges.
faqs
How can we help?
We want you to have the simplest, easiest experience possible when choosing the right employee benefits. But we know you might have a few questions. Read on for more information here. If you still have questions, talk to us.
Why choose The Pension Consulting Service?
Delivers assurance
Confirmation that your scheme is compliant
Reduce your workload
No need to keep up-to-date with every legislation change
Get the best solution
Ensure your scheme is the best it can be
What do we analyse as part of The Pension Consulting Service?
Our analysis of your pension scheme looks at several areas to determine how you can improve your overall provision and experience.
We investigate whether you are paying excessive fees you don’t need to and whether your employees are making their contributions in the most tax-efficient way. We check that you are aware of all your responsibilities regarding the re-enrolment and re-registration of your employees. We also determine what changes may be coming up, so that you can be ready when they do.
Related benefits
Build a solution for your business
Choose from our range of employee benefits, offering an affordable and scalable solution for your business.