Setting up a pension plan can be a lengthy process. There are so many different parties involved, from company, trustees and administrators to investment managers, lawyers and other professionals.

We help companies with every detail, whether they are setting up their first plan or require a change of arrangements.

As well as co-ordinating all the different parties to achieve a smooth set-up, we help our clients to make the right choices, ensuring that the pension arrangements offer a good fit with human resource strategy, are established efficiently and meet all the legal requirements.

Guiding you to a successful launch

We help by:

• Advising on pension plan design that fits with HR and reward strategies
• Project managing the set-up
• Assisting with setting up the trustee board
• Designing and running the communication to employees and key stakeholders
• Advising on the right investment strategy
• Advising on the selection of investment managers, administrators and insurance providers
• Putting governance procedures in place and reviewing legal documentation
• Providing funding advice to the company and trustees

Setting up and running a pension plan shows your employees that you care about their welfare. It also shows that you recognise the value of pensions as part of their overall reward package, helping you to achieve results for your business. However, with so many people and aspects of the plan to consider it can be easy to make mistakes which can be costly, both in literal terms and in terms of the damage they do to your employees' perception of the company and ultimately your profitability. The best way to avoid making mistakes is to take professional advice from the start.

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