We live and work in times of change. As businesses change, it is important that they take the time to carry out a measured review of their pension arrangements.

Pensions are usually by far the most expensive single item in the employee benefit budget, and as such companies must be sure that they are spending their money wisely – checking that they continue to offer a good match to changing business strategy or workforce profiles, and that costs are under control.

Review Effectiveness

We can help you review the effectiveness of your corporate pension and decide whether any changes are needed. We do not look at pensions in isolation, but in the context of the employer’s total reward strategy and financial constraints, often bringing finance and HR personnel together to discuss pensions for the first time.

Our open and vibrant approach means that there are no preconceptions about the answer before the process starts. We do not impose pre-packaged solutions on you – we find what is right for your business.

The combined results can give a powerful understanding of the role that pensions can play in dealing with your staff as well as making sure that the plan is in line with your overall corporate objectives.

Making the Right Choices

Our approach is an innovative one. We look for new ways of delivering reward to employees, although we do not ignore the traditional methods. We provide advice on possible approaches that can be adopted, trends in the industry, benchmarking against key competitors and the financial consequences of particular strategies.

We can test a variety of different plan design options against your objectives and constraints, helping you make the difficult choices that are often needed.

Our aim is to make sure that the pension arrangements offered by a company are straightforward to administer, easy for members to understand and provide benefits which suit the nature of the workforce and the company’s budget.

Contact Gail Philippart via email, or by phone at +44 (0) 117 941 6203