Group Pensions
JB Wealth Management Ltd provide efficient solutions to manage group personal pension (GPP) schemes. We reduce the hassle for employers by saving time and we can boost a workforce’s interest in pensions and enhance their perception of employee benefits.
We provide a comprehensive GPP service, including researching suitable schemes, supporting scheme implementation and administration, for example handling member queries, leavers and new recruits.
There are many complex aspects to administering a group pension scheme which employers need to
consider and JB Wealth Management Ltd can assist with all of them, including.
consider and JB Wealth Management Ltd can assist with all of them, including.
- The level of employer contributions
- The level of employee contributions
- Qualifying period of service
- Accessing information for each employee’s own pension pot
- Conversion to a personal pension when a member leaves a company scheme
- Annual management charges, exit penalties and ability to move funds
- Fund choice, assessing and communicating attitudes to risk
Contact JB Wealth Management Ltd if you need guidance with an existing group pension or in setting up a new qualifying scheme that meets the requirements of auto enrollment legislation.