Pension Scheme Design & Strategy

Many companies are grappling with pension scheme design and re-design issues. Challenges are arising in relation to legacy pension schemes designed in a more benign era and in relation to the form of any future pension provision. Increasingly companies are looking to implement practical, easily understandable, commercially-focussed and 'future proofed' scheme designs.

How we can help

Our pension scheme design and strategy services are designed for companies introducing a pension scheme for the first time or for those reviewing their existing arrangements.

Our approach is to develop a thorough understanding of your business and objectives and to provide a pension solution that meets your requirements. We provide one point of contact throughout the project who will project manage, coordinate and help you implement all aspects of the advice, so that you work with someone who has intimate knowledge of your scheme and your business.

Our high-level approach includes:

• Identifying and documenting your objectives for the pension scheme, in the context of your business targets and constraints
• Developing recommendations for the pension arrangement, and highlighting the impact of each recommendation against your pension scheme objectives
• Assisting in the development of the business case for any proposed changes including the design of communication material for staff
• Communicating any changes to staff either in the form of group presentations or one-to-one meetings
• Providing criteria for evaluating vendors of pension services, and assisting and supporting you in the selection of providers
• Supporting you in the implementation of the new or revised pension arrangements