Helping reduce the burden of trusteeship
Trust based ‘Occupational’ pension schemes come in all shapes and sizes. At Ernest Grant, our advisers offer a variety of services to sponsoring employers and/or Trustees across the piste.
From 6 April 2015, Trustees of defined contribution (DC) schemes had to meet new requirements on governance standards, charge controls (subject to certain exceptions) and communicating about pension flexibility. The requirements include:
Meeting the new requirements can be onerous and it is important that scheme Trustees understand what they need to do and report accordingly. From experience, we’ve found a lack of clear direction from scheme advisers/consultants which can lead to issues such as:
We believe in clear outcomes for our clients and where needed we work alongside trusted professionals to deliver high standards across all aspects of service. We aim to make sure we provide clarity of advice.
Our workplace pensions team specialise in the following:
Workplace Pensions are regulated by The Pensions Regulator.
We help scheme Trustees through a defined investment process and detailed strategic review of existing scheme investments and principals.
We've developed a range of solutions to help take the burden of automatic enrolment away from employers. Our cost-effective package solutions suit employers of all shapes and sizes.
We can help you tailor a package of communications to suit the requirements of your workforce, with the aim to drive employee engagement, appreciation and understanding.
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