Many people believe that DC is simple – in concept it is, but all too often, by accident or design, it just isn’t. In addition, the requirements, practicalities and costs of running DC schemes today often do not match those expected when they were set up. We can help you review all aspects of your DC scheme to ensure smooth and efficient running, including:
DC vehicle type
The choice of type of DC arrangement brings with it different regulatory, legislative and governance consequences. Whilst the differences have narrowed over the years, there are still a number of fundamental differences between running a Trust based scheme to that of a Contract based arrangement, and different again when using a Master Trust . We can help you clarify your objectives and required features and provide clear and focused advice as to the type of DC scheme that would meet them, having been through the process numerous times with many different types of employer.
Ongoing cost efficiencies
Pensions administration is often dismissed by the uninitiated as ‘the easy bit’ but the experienced hand will know that truly effective administration is only achieved through investing in people, technology and processes.
Isinglass can help you consider the most appropriate approach to administration, whether this is in-house, outsourced to a third-party administrator, bundled with an insurance company, master trust or group personal pensions.
Our extensive expertise and experience in this area will help you achieve the most appropriate, efficient and cost effective approach for your arrangement.
Investment options and defaults
At retirement options and strategies
The success of a pension scheme or implementation of a project, is inevitably determined by whether those impacted, understand and appreciate the outcome. We understand how members think and what they want/need to hear/read.
Isinglass are able to assist in all aspects of member communications, from writing/reviewing member booklets, announcements and websites, to ‘dummy’ testing online modellers, to drafting and delivering member presentations.
Ongoing governance requirements and solutions