Group PensionsMost employers want to ensure that their employees plan for their retirement. An excellent way of doing this is to provide an incentive for employees to pay into a pension scheme. This is often done by offering an employer's contribution which is only available if the employee matches this themselves. Providing a group pension for your company is an excellent way of becoming a more attractive employer to work for. This can increase your employee retention rates as well for attracting new potential employees.
Another advantage of a group pension scheme is the ease of administration compared to making employer contributions into employees individual schemes. Also, making employer contributions into pension schemes can reduce your corporation tax liability.
At Kilkee, as well as setting up your pension scheme, we offer pension advice to both employers and every employee on an regular basis should you want this service.
Group Pension Review PackagesWe offer three group pension service packages to suit your needs and your budget. We believe that to provide effective pension planning portfolios need to evolve to reflect changes in employees' attitudes to risk, changes in circumstances as well as changes to market conditions. By providing annual reviews to each employee not only helps to address this but also focuses employees on their retirement planning, educates them about investments and provides an opportunity to give ongoing advice on any other employee benefits that they have available to them.
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