Restructuring existing Pension Schemes

We can take care of the whole process by providing advice, selecting a Provider and assisting in the:

• Winding up the scheme
• Arrange for external transfers
• Issue individual policies and replacement contract-based arrangements if required.

We will recommend a Provider who will provide you with a solution that is completely web-enabled, meaning that active members will be able to see both their individual policy and their replacement Group Personal Pension/stakeholder next to each other online.

We will provide advice on a unique and innovative range of investment options which take into account the amount of risk the member wants to take as well as the time they have until retirement. This is ideal for individual policies where there may not be any ongoing advice with deferred members.

We can arrange full range of workplace marketing material designed to help employers inform members of the scheme restructure and to promote their new scheme.

You might also like to discuss Salary Exchange arrangements, where employees give up a taxed salary in lieu of employer pension contributions that reduce taxable profits and employer National insurance costs.

Salary Exchange can increase the value of the work based pension schemes as an alternative to the National Employment Savings Trust (NEST).

Salary Exchange may not be suitable for everyone.

Corporate Pensions