Workplace Pensions

Many people will have existing workplace pension arrangements. Within the next few years’ employers of all sizes will have to offer a pension scheme to employees.

Existing workplace pension schemes include:

. Defined Benefit Pension Schemes: These provide a guaranteed income in retirement, usually based on number of years worked.

. Group Personal Pension:  These provide an individual pension fund at retirement based on contributions, charges and performance.  They often benefit from lower plan charges than an individual Personal Pension

. Money Purchase Occupational Scheme: These Provide a pension fund at retirement based on contributions, charges and performance.

We assess existing schemes to ensure they remain suitable for your requirements.  We advise if plans are insufficient to meet your retirement objectives.

The FCA Does not regulate all company pension schemes.