Pensions & Benefits

By understanding the objectives and goals of our clients and their employees we will work with you to find the right solution. We can help with the full range of benefits, as shown below:

Company Pensions

For most employers a pensions scheme will be one of the larger expenses in their employee benefit budget. The introduction of mandatory funding for eligible employees had also brought many new employers into the positions where pension planning has to be considered. Our consulting service will not only assist with the set up of a new scheme but also offer ongoing support to ensure that administration and communication works well and where appropriate work to ensure effective governance. Areas we can help with include:

• Group Personal Pensions (Contract based pension schemes)
• Defined Contribution Pension schemes (Trust based)
• Pension scheme investments
• Employee communication and engagement
• Scheme administration
• Advice on funding structures and salary sacrifice

Administration

While we generally work along side our clients to help and support their internal administration there are occasions where it is preferred that we complete some of the work.

A tailored solution will be agreed in every situation along side a service level agreement. It may be that an employer would prefer us to offer a help desk service to avoid call to HR, needs help in dealing with a scheme provider or simply need help compiling and maintaining data such as member records.

Flexible Benefits

Although historically Flexible Benefits were seem as an option only for the largest of employers, this has changed and some element of flex is now available irrespective of size.

It is important to have the right technology solution and a clear idea of what can be achieved as and our consultancy service can help with this.

Group Risk

These benefts keep you and your employees protected in the event of illness, accident or death.

Covers should be tailored to suit the needs of your population and importantly they should be reviewed on a regular basis.

Covers can include:

• Group Life
• Group Income Protection
• Group Critical Illness
• Accidental Death

Our experience in this market allows us to negotiate terms for our clients and speak directly to underwriters who can help to ensure that cover is appropriate

Health and Wellbeing

When an employee is ill, it’s important to get them back to good health and work as soon as possible. Insurance solutions can help with this across a wide range of areas:

• Private Medical Insurance
• Dental Insurance
• Medical Cash Plans
• EAPs (Employee assistance programs)
• Preventative screening
• Absence Management
• Employee Engagement

Employee Benefits are a significant financial commitment for employers and it’s important to ensure that the package offered is both understood and appreciated. We can help with that through ongoing communication including:

• Face to face information through seminars or for individuals if appropriate
• Documentation both in hard and soft copy
• Webinars
• Staff surveys

Auto-enrolment & NEST

• Auto-enrolment strategy
• Scheme review
• Implementation
• Communication
• Ongoing Administration

Investment Services

• Pension scheme investment
• Investment Process and philosophy
• Risk profile