Auto Enrolment

Now that we are into 2012 and Auto enrolment AKA Pension compulsion is now starting to take effect, I would strongly urge Employers not to automatically go down the NEST (National Employment Savings Trust) route, but rather engage with a Professional IFA who will advise on a flexible scheme with appropriate fund selection based on the Members time horizons and appetite for risk exposure, and wrap it all up in the correct trust and offer regular scheme reviews.

Compare this to a scheme which offers limited fund access inflexibility on the movement of accrued funds between Employers schemes topped off with an inappropriate Trust.

Bearing in mind the base cost will be the same to the Employer of 3% of the Employees qualifying earnings why not delegate the responsibility to a Professional, if you would like to know more or engage with us call us now on 01296 641868.

 

 

Email us on info@sbfinancial.co.uk Call us on 01296 641 868Use our Contact Form

Please note when reading any information on this website: past performance is no guide to future performance. The value of an investment may go down as well as up and an investor may not get back the full amount invested. Before investing, please ensure that you have read the information set out in the simplified prospectus, which includes full details of the charges. Any material available is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. Opinions expressed on this website represent the views of Stephen Baker Financial Consultants Ltd at the time of publication, are subject to change, and should not be interpreted as investment advice.

Leave a Reply