Group Pensions

Why should I set up a group pension?

There are clear benefits to providing your employees with access to a group pension plan. This can transform the way in which your employees view the company and the pension scheme. By making a commitment to contribute to their retirement savings, you will:

Recruit and retain high quality staff

As employees realise that they cannot just rely on the State for a comfortable retirement, they are increasingly taking personal responsibility for their own pension provision. So, offering a pension scheme and contributing to it is a particularly valuable benefit – and it can help you with recruiting, and indeed retaining, quality staff.

Enhance and maintain performance at work

Providing a pension scheme, into which you as the employer are paying contributions, is a very real indication of how much you value your staff. It will give them a sense that they have been recruited for a career, not just a job – and they are likely to respond to it through a greater degree of commitment to your business.

You promote the company’s reputation as a good employer

Your employees will consider their pension as a sign that you care about their current concerns and their future welfare. It can enhance your reputation as a responsible and considerate employer.

You will maintain control of the costs to your business

In today’s environment it is important to keep a tight control on your business’ costs. The good news is that you can define how much you contribute to the pension scheme for each employee.

In this way you will be able to control the cost of the scheme to your business. And don’t forget that the contributions that you make to the pension scheme can normally be fully offset as a business expense for Corporation Tax purposes.

Your group pension – a solid foundation for success

Choosing a group pension provider is one of the most important decisions an employer can make. Your employees’ retirement may very well depend on it.

At Aviva, we believe that all successful pension schemes are built on a solid foundation or as we like to call it, ‘our three pillars for success’.

The service and administration proposition

At Aviva, the ‘personal touch’ is all about what we do for you, and how well we do it. By working in partnership with you, our ‘can do’ approach will ensure smooth installation and ongoing management of your scheme – while ensuring the legislative burden placed on Trustees of the pension scheme is eased.

The investment strategy

The highs and lows of the world’s stockmarkets underline what every employee, employer and trustee needs to know – namely that every investment carries some degree of risk. That’s why when you choose Aviva as your pension partner you can have the confidence in our investment capabilities and that we’ll have an investment strategy suitable for your pension scheme. The design of the pension scheme.

The design of the pension scheme

At Aviva, we don’t believe in the ‘one size fits all’ approach to designing your pension scheme. We place flexibility at the core of our product design, ensuring that we have the right solution for your business.

What group pension can I get from Aviva?

  • Corporate Plan
Warning: The value of your investment may go down as well as up.
Warning: If you invest in this product you may lose some or all of the money you invest.
Warning: Past performance is not a reliable guide to future performance.
Warning: This product may be affected by changes in currency exchange rates.
Warning: Withdrawals and switches from funds investing directly or indirectly in property may be deferred for up to 6 months.
Warning: Withdrawals and switches from all other funds may be deferred for up to 3 months.

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