Selecting a corporate pension provider is not as simple as it used to be.
Competition in the pension provider market has increased significantly in the last few years. Insurance company pension schemes have reduced their charges and a number of new low-cost providers have entered the market to challenge the traditional providers, particularly around Auto-enrolment.
Providers seek to differentiate themselves in different ways, offering different kinds of pension scheme, different features and benefits, and an array of different investment options.
The needs of your organisation, the contribution structure of the pension scheme and the financial knowledge of your employees will all have a bearing on the suitability of each provider.
Generally there are a number of key areas to consider when selecting a pension provider. If you are looking for a company pension that suits the needs of your organisation and your employees, our consultants can help your business find and arrange the best pension on the most preferential terms.