We can help you implement a member options strategy which is a win:win for you and your members. We’ll ensure you provide members with valuable choice and that this choice is communicated really well.
Helping members make the right choices
Since the introduction of Freedom and Choice, members have become much more engaged in their retirement choices. It’s important these choices are informed and exercised in the right way in order to prevent members making wrong, irreversible decisions with life-long impact.
We can help you support your members on their journey to, and through retirement by:
Facilitating access to financial advice to ensure your members receive quality support to help make the right decision
Contact Ryan to find out more.
Why act now
There are three pressing reasons why trustees and sponsors need to act now:
Member engagement is key to any successful member options exercise. We use engagement specialists from our sister company like minds to build trust with members and ensure long term engagement is maximised.
We can help you develop a strategy to the benefit of all parties. A clear long term engagement plan will deliver a seamless, future-proofed experience for members, while driving efficiencies for trustees and sponsors over time.
One of my schemes ran a PIE advised by Hymans Robertson, which had a 50% take-up, resulting in more engaged pensioners and leaving us able to consider settling our liabilities with a pensioner buy-in.
Steve Southern - Professional Independent Trustee
Together with communication experts, like minds, we explored why engagement is the best form of defence against scammers and how you can better protect your members’ benefits.
Part one explored the key influences on the future of member options, and the role of you as a trustee in providing adequate support. Part two explored the financial market in depth, providing a recap of the changes the market has seen to date, and our predictions for how it will evolve in future. The third and final instalment looks at the recent innovations in the insurance market to help schemes benefit from member options.
2020 Pensions Expert - Actuarial consultant of the year
2018 PIPA - Investment consultant of the year
2017 PIPA - Actuarial consultant of the year
2017 Professional Pensions - Investment consultant of the year
PASA Accredited Member