PENSION PROVIDER REVIEW

Selecting the right pension provider is an essential part of the successful management of your defined contribution (DC) scheme. An important starting point for assessing the performance of an existing or new pension provider is to complete a detailed selection process covering all aspects of the providers’ offerings. But how can you be sure you have the most up-to-date information, are asking the appropriate questions or even comparing like for like, to make an informed decision?

Selecting the right pension provider
Our consultants and actuaries have done this work for you by developing a robust research process. This research requires each pension provider to complete a detailed questionnaire covering in excess of 50 different audit headings including financial strength, investment performance and administration efficiency. These answers are collated, analysed, and using our in-house model, awarded a matrix rating. As we are one of the largest independent consultants in the UK, you can be sure of our impartiality and ability to identify the most appropriate pension provider for your needs.

We understand the importance of getting this right – the cost of getting it wrong cannot only be monetary (for the employer and the members) but time will be wasted resolving issues, which could have been avoided by adopting a robust selection process.

Our Pension Provider Selector Report has been developed to provide you with:

• Corporate governance
• Time and cost savings
• Ongoing robust review process

For further information please contact us.