Company Pension

Why do I need a Company Pension?

The simple answer - it is the law. Most employers will have Automatic Enrolment duties and will need to provide a Workplace Pension. On the plus side, pension contributions are tax deductible for employers and employees.

How does this help my staff?

With an annual Basic State Pension of £8,296, most people need an additional income source in retirement, plus a tax free cash lump sum is usually welcome.

What are the benefits to my business?

Although pensions are a compulsory benefit for most, the way in which a company offers them says a lot about how they value their staff. Whether it is providing contribution levels above the minimum levels, choosing a premium pension provider or simply encouraging the positive merits of membership, an employer who embraces pensions is often a better employer to work for.