JLT Employee Benefits recently conducted analysis into the performance of work place pensions. They estimated that some employees who auto-enrolled into the lowest performing funds, have been losing out on 6 per cent return a year compared with those in the best performing funds.
Thousands of UK workers have been automatically enrolled into workplace pensions which may perform poorly. It could be that the pensions chosen for them, by their company, were not thoroughly researched, or that their company had insufficient advice when choosing the most suitable pension.
It doesn’t have to be this way. Employers can choose from a number of qualifying workplace pension schemes. Shop around for a high performing pension, but how do you know which one to choose?
If you are looking for an unbiased Automatic Enrolment specialist to assist, who understands the pensions market, then contact the Enrol My Staff team. We have pension and IFA experts who are fully conversant with the auto-enrolment market.
Contact us to find out how we can help your company obtain the most suitable pension for its workers. Call us on 01329 559 130, email us on firstname.lastname@example.org or visit the Employers page on our website.