Investment
Investment choices, before, at and after retirement, make a huge difference in determining whether pension schemes succeed in providing members with an adequate level of income in retirement.
Investment strategy
Investment choices, before and at retirement, make a huge difference in determining whether pension schemes succeed in providing members with an adequate level of income in retirement.
We work with trustees to agree an investment strategy that meets the needs of members and where appropriate, define a default strategy.
Where trustees wish to offer an extensive choice of funds to members, we will work with them to present the options available in a user- friendly manner that doesn’t deter members from making a positive choice.
Even where limited fund choice is offered, educating members on the options available and the risks that they need to consider at various stages is vital
Annuity Purchase
Investment doesn’t just stop when a member gets to retirement. In the normal course of events a member reaches retirement and an annuity is secured. We can assist with the selection of the annuity provider to maximise members’ retirement pensions.
Buying an annuity with the provider that was responsible for the investment and administration of the pension scheme in the run-up to retirement does not always provide the most competitive option for members. More comprehensive reviews can be undertaken relatively easily and can increase retirement pensions.
We produce a comprehensive guide for members approximately six months before their retirement to illustrate the impact of the various options available and to obtain personal information from the member so that we can ascertain whether preferential terms can be achieved.
Armed with the member’s response, we review the market before making our recommendation to the trustees on the selection of a competitive annuity provider.