All companies now have to offer a workplace pension by law – a positive step towards encouraging more people to save for retirement. But the implications are far wider. It also means more and more responsible employers are taking an active interest in the financial well-being of their workforce. But that assumed responsibility is not without its challenges and that’s where a strategic partnership with a corporate pensions consultant will prove decisive.
At Brunsdon we’ve been active and instrumental in the company pensions arena for decades and as such have helped shape the way the modern corporate pension has evolved. That standing in the industry also gives us the edge when negotiating advantageous terms for our clients. Positive feedback tells us that the corporate pensions solutions we recommend are in total harmony with our clients’ expectations and enhance the employment experience of their workers.
From the start, we’ll develop an holistic understanding of your company’s ethos, business plan, budgetary constraints and ultimate goals. Depending on the agreed service level, we’ll market-test any current pension arrangements you may already have, make our recommendations and implement your revised or new scheme. We’ll take care of administration, governance and due diligence and all the way through the journey will follow a comprehensive employee communication programme so that your staff are kept fully informed.
Getting to know you, reviewing and market testing current schemes if appropriate, researching market place and selecting provider.
Agree scheme, timescales and communication strategy.
Use all forms of digital messages, posters, workshops, etc., to inform and promote employee buy-in.
Dedicated account manager and team to provide HR support, data transfers and scheme advice to members.
Dedicated consultant to provide one-to-one advice to individuals, directors and CEOs on any aspect of financial investment and forward planning.
Monitor provider performance, company requirements and circumstances, maintain regular visits and employee communications.
Corporate investment is a complicated subject requiring considerable expertise. Investments can go down as well as up and your company may get back less than it originally invested. Legislation and tax rules may be subject to change and your company’s circumstances may also impact on tax treatment.