Defined Contribution Consultancy
Our consultants each possess a wealth of experience, with an average industry experience of over 15 years. We pride ourselves on delivering effective, innovative and cost-effective advice that delivers measurable returns, whether that be improved member engagement, reductions to time and cost expenditure, or improved member outcomes.
It seems that barely a month goes by without the introduction of new pension legislation. We will keep you up to date with changing regulation and how it impacts your scheme, and give you access to technical knowledge and our experience from an independent, expert viewpoint. We understand that no two pension schemes are the same, therefore we take the time to understand our clients and formulate our advice; clients can be sure issues will only be raised if they are relevant to that particular pension scheme.
How we can help
While everyone agrees that making adequate financial
provision for retirement is extremely important, most employees do not find
pensions particularly interesting. Clear, concise and targeted communications
will engage your workforce, improve their contribution rates and increase the
value that they place upon the pension benefits you provide as an employer.
Your employees need to understand:
- Contribution adequacy
- Balance between investment risk and reward
- Impact of lifestyle changes
- Options at retirement
Our specialists can design and draft communications in your
brand style and write these in clear, jargon-free English. We offer project
management, timing plans and technical input for all of your communication
exercises, and can personalise them to your particular style, be that:
- Paper-based communications
- Online messaging
- Face-to-face group presentations
- Individual member surgeries
Our suite of online tools gives your employees access to:
- Benefit options online portal, which enables DC pension members to view their personal details and
o Review
their chosen investment strategy and monitor historic fund performance
o Obtain
live annuity quotations via IRESS (annuity exchange)
o Model
the effect of contribution changes, changes to target retirement date or
economic performance
o View
their contribution history, transfer in details and investment performance
o Obtain both projected annuity and income drawdown pension figures (based on our drawdown offering)
Member and scheme specific online booklets
Modelling tools and 'what if' scenarios
Online links to contact the administration team
Increased regulatory focus, automatic enrolment and the
continued closure of defined benefit schemes have all contributed to the
increased popularity of contract-based pension schemes. While not currently a
legal requirement, good governance of your contract-based pension scheme,
whether it be a Group Personal Pension Plan or a Group Stakeholder Plan, will
deliver considerable benefits for you as an employer and your employees.
In simple terms, the good governance of a defined
contribution pension scheme is dependent upon a number of areas:
- Robust governance processes and procedures
- Provision of appropriate investment options
- Competitive charging
- Engaging member communications.
At
Quantum we believe that good governance and the achievement of good member
outcomes need not cost the earth. Our experienced consultants are passionate
about pensions and will take the time to understand your specific circumstances
and use this to deliver high quality, relevant and cost-effective advice that
will benefit you and your members.
It is therefore vitally important that the charges that employees pay
are competitive and do not unduly affect pension savings growth. Competitive
fees also enhance employees’ perceived value of your pension offering.
At
Quantum we believe that good governance and the achievement of good member
outcomes need not cost the earth. Our experienced consultants are passionate
about pensions and will take the time to understand your specific circumstances
and use this to deliver high quality, relevant and cost-effective advice that
will benefit you and your members.
It is therefore vitally important that the charges that employees pay
are competitive and do not unduly affect pension savings growth. Competitive
fees also enhance employees’ perceived value of your pension offering.
Testimonials
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Vulputate sapien nec sagittis aliquam malesuada bibendum. Vitae sapien pellentesque habitant morbi tristique senectus et netus. Elementum nisi quis eleifend quam adipiscing vitae proin sagittis nisl. Sed turpis tincidunt id aliquet risus.
Vulputate sapien nec sagittis aliquam malesuada bibendum. Vitae sapien pellentesque habitant morbi tristique senectus et netus. Elementum nisi quis eleifend quam adipiscing vitae proin sagittis nisl. Sed turpis tincidunt id aliquet risus.
Vulputate sapien nec sagittis aliquam malesuada bibendum. Vitae sapien pellentesque habitant morbi tristique senectus et netus. Elementum nisi quis eleifend quam adipiscing vitae proin sagittis nisl. Sed turpis tincidunt id aliquet risus.
