If you're spending more than 15 minutes a month running your company pension scheme, you're wasting time and money!
The best UK company pension scheme's now have simple online administration for both employer and employee with maximum annual charges of just 1%. Does yours?
These new generation pension schemes offered by a few major UK pension companies provide huge savings in time and money whilst improving the potential pension benefits for your employees.
Easy to run - just 15 minutes a month...
You retain complete control over day to day scheme management with a system that ensures all stakeholder requirements are met. Using a payroll system, be it a simple spreadsheet or a top notch software package, you can provide the necessary information about employees to the pension company. Once set up, the scheme
administration can be completed in less than 15 minutes per month.
You can add new members and submit scheme data instantly online on behalf of each employee via secure password login.
Admit a new scheme member = 2 minutes
Remove a scheme leaver = 1 minute
Change pension contribution = 1 minute
Change pension fund choice = 1 minute
Setup initial contribution collection = 5 minutes
Subsequent collections = 2 minutes
The unique benefit of this system is that you’re totally in control not the pension provider.
Easier for employees, easier for you...
Your employees can have access to their pension plan instantly online via secure password login. Every member can easily change personal details, view fund choices and check a pension balance instantly. Again, this reduces pension enquiries and requests for you from your employees saving you time and money.
Full support for your payroll staff...
New generation company pension schemes
include full training and support for your payroll staff in addition to a high level of dedicated service and assistance throughout the life of your scheme.
Maximum charges of just 1% or less...
New generation company pension schemes are simple, low cost pension products with transparent charges too. Set up and run as a Stakeholder scheme, this new breed of pension has a annual charge cap of just 1%. In some cases this can be reduced even further.
Fast and easy setup process...
As you might expect, the setup procedure is easy too. Recent changes in pensions rules allow electronic applications to be submitted by
employers on behalf of their employees without the need for a signature. This means that there is no longer the need for application forms to be completed. New generation pension scheme providers now offer a streamlined joining process reducing paperwork, errors and delays.
Ready for your free company pension advice consultation?
To find out how much time and money a new
generation company pension scheme could save your business simply call us free on 0800 980 5353 or request a free no obligation consultation with an independent
pension adviser. Your pension advice consultation is free and without obligation.
Request Your Free Company Pension Advice Consultation >>
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