Defined Contribution Consultancy
The UK’s defined contribution (DC) pension landscape continues to evolve due to regulatory changes, economic pressures and growing employee expectations. Expert DC consulting can help navigate the complexities and empower your employees’ future, through ensuring cost-effective, compliant strategies that enhance employee engagement, boost retirement outcomes, and reduce risks for employers.
Partners in Confidence: Empowering your employees futures
At Quantum Advisory, we understand these challenges, priding ourselves on delivering effective, innovative and cost-effective DC advice that delivers measurable returns, whether that be improved member engagement, reductions to time and cost expenditure, or improved financial futures. We stand in our clients’ corner as the reassuring partner they can trust to care deeply about delivering superior service and outcomes.
Big name service on a first name basis
Our approach to DC consultancy is based on:
- Expertise: Our consultants each possess a wealth of experience and technical knowledge, with an average industry experience of over 15 years. We stay on top of regulation and industry change and how it impacts your scheme, so you don’t have to.
- Flexibility: We understand that no two pension schemes are the same, so take the time to listen, understand our clients and formulate our advice based on what you really need. Clients can be sure issues will only be raised if they are relevant to that pension scheme, without the hard sell.
- Simplification: We prefer to keep things simple, using clear, straightforward language to explain our thinking and when communicating with members.
By taking the time to understand your specific circumstances, we can deliver high-quality, relevant advice, at a price you can believe in. Helping you and your members feel calm, in-control and confident in your decision making.
Everyone agrees that making adequate financial provision for retirement is important, but we understand that most members do not find pensions particularly interesting! Clear, concise, and targeted communications are vital to engage your membership, improve their contribution rates and increase the value they place upon the benefits provided by their employer. Our specialists can design and draft communications in the employer’s or scheme’s brand style, offering project management, timing plans and technical input for all your communication exercises. This can include paper-based communications, online messaging, face-to-face group presentations or individual member surgeries.
Our suite of online tools gives members access to:
- Our benefit options online portal enables members to:
- View their personal details
- Review their chosen investment strategy and monitor historic fund performance
- Obtain live annuity quotations
- Model the effect of contribution changes, changes to target retirement date or economic performance
- View their contribution history, transfer in details and investment performance
- Obtain both projected annuity and income drawdown pension figures
- Member and scheme specific online booklets
- Modelling tools and 'what if' scenarios
- Online links to contact the administration team
Good governance of your pension scheme will deliver significant benefits to employers, trustees and members. We can support all aspects of good governance for your DC pension scheme encompassing:
- Robust governance processes and procedures
- Provision of appropriate investment options
- Competitive charging
- Engaging member communications
Unlike Defined Benefit pension schemes, members of Defined Contribution pension schemes bear the investment risk themselves. Therefore, it is vitally important that members have:
- An investment strategy appropriate to their needs; and
- Are fully supported and informed to assist in their decision making process.
Our Defined Contribution investment expertise enables us to deliver scheme specific investment advice and ongoing monitoring services that reflect the trustees’ objectives and needs of their membership
Case studies
Talk to our team
Get in touch with our friendly team today to talk about how we can help your business.