Cost is usually the first question employers ask when considering whether to bring in outside support for a pension scheme. It is a fair question, since professional pension trustee services are not free, and every business has to weigh up where its budget is best...
A workplace pension scheme is not something an employer sets up once and forgets about. It needs attention at every stage, from the moment trustees are first appointed through to ongoing valuations, investment reviews and reporting to The Pensions Regulator. Pension...
Many employers only think seriously about their pension scheme when a valuation is overdue, a member raises a query nobody can answer, or The Pensions Regulator asks a question that internal staff cannot resolve confidently. At that point, the value of proper pension...
Running a workplace pension scheme comes with legal duties that many employers underestimate until a problem arises. Trustees are responsible for looking after scheme assets, protecting members’ interests and making sure the scheme is run in line with its rules...