We’re one of the UK’s leading workplace pension providers, managing over 14,000 pension schemes for around 2.8 million members on behalf of all types of companies – from the biggest household names to small and medium-sized businesses alike.
The reasons we’re considered an employer’s workplace pension provider of choice include:
Our pension products comply with the government’s automatic enrolment requirements – whereby every business has to put certain employees into a pension scheme and contribute on their behalf. We also provide a range of tools and services to help make auto enrolment easier for you and your employees.
With us, scheme members enjoy access to over a hundred different investment funds from leading fund managers. To make investment decisions easier for your employees, we also offer our Pathway Funds (also known as target date funds) and lifestyle profiles. We can also provide an investment-only solution for companies that want to retain an existing pension scheme with another provider.
One key measure of success for any workplace pension is the engagement from employees.
For a scheme to be successful, employees must fully understand and engage with their workplace pension. We help companies achieve good engagement right from the start, when setting up a new scheme and throughout the journey to retirement with a range of member facing communications including online tools, scheme websites, personalised videos and annual pension benefit statements.
Our service and support is designed to make setting up a new workplace pension scheme seamless. From assistance in winding up an old scheme through to transferring the assets across from another provider, our experienced team is on hand to make the transition hassle-free.
Most aspects of managing a workplace pension scheme can be performed on our ‘Manage Your Scheme’ system. This is an online pension administration service designed to make it simple for employers to administer a workplace pension. Among other things, it enables employers to manage employee data and contributions, carry out automatic enrolment eligibility assessments and monitor the scheme and its investment options.
We would love to talk to you about your company’s pension requirements.