Occupational pension schemes are employer-owned pension schemes, whereby trustees look after the interests of beneficiaries and employees are members. Money purchase plans pay benefits based on the amount of money available in an employee’s pension pot and final salary schemes provide a retirement income based on length of service.
Companies frequently need advice and administrative assistance to consolidate occupational pension schemes with the compulsory auto enrolment schemes.
Lycetts offers expert support in this area for companies with legacy schemes, as well as those involving new members. Contact us today to see how we can help you and your business.