Group Pension Schemes
Audit your current scheme or receive guidance on setting up something new.
The setting up of a Group Pension scheme is not an easy process as all businesses, no matter the number of employees, will need to ensure that their plans abide by the rules – and with The Pensions Regulator’s guidance running to 250 pages, it can be quite a daunting process.
Recent HM Revenue & Customs regulations have shone a spotlight on employers to ensure they are looking after their staff, no matter the size. Auto-enrolment legislation changes mean that all employers in the UK have a major role to play in providing for their staff’s retirement, and it can seem like a daunting process for many businesses.
The Lark Employee Benefits team can help audit a current scheme or provide guidance when setting up something new. As each employer is different, care needs to be taken to ensure that the chosen scheme is right for the organisation and its employees.
At Lark, we work in partnership with our clients to add value, rather than being just another insurance broker. Our consultants will regularly liaise with Group Pension providers to ensure every client receives a detailed Governance report to monitor the performance of their scheme. And if a client requires assistance, then they can contact our dedicated pension’s help-desk, who will be able to assist with any queries that they may have about the scheme.
No matter the business size, Lark are on hand to help craft a made to measure pension solution. Through consultation with a number of Group Pension providers, we are truly able to deliver competitive and modern benefits that your staff will value.
Despite attempts to simplify the industry – and particularly auto-enrolment – pensions remain a complex issue.
As the new auto-enrolment duties are mandatory for all employers, with effect from the ‘staging date’ determined by PAYE scheme size, it is not the sort of environment businesses should be entering without expert counsel.
Furthermore, the responsibility for compliance rests wholly with the employer.
"Adrian was very professional, He informed me of all that I needed to know and answered all questions I had in a manner that I could understand. His guidance has made this process swift and simple."
Arena Racing Company
"Very easy to follow but detailed presentation. It gave a good insight into pension contributions. I know more now than I ever did before! Both Adrian and Emma were very friendly and took the time to answer any questions that were raised."
United Trust Bank
"Actually made pensions seem interesting. Now that's a feat!"
"Adrian's presentation was both informative and enlightening. He has woken me up to doing something in the short term now which I'll benefit from in the long term come retirement - thanks Adrian."