UK: SME/Professional Counsel - Employee Benefits - Pensions made to measure.

UK: SME/Professional Counsel - Employee Benefits - Pensions made to measure. - What to consider when designing a company scheme.

by Graham Batchelor is a principal at Watson Wyatt Partners 01737241144.

What to consider when designing a company scheme.

When it comes to pension provision for employees, different considerations apply depending on the business' size and plans for growth. No minimum size dictates whether a particular pension scheme is worthwhile. The type of scheme should be chosen on the basis of the number and identity of members. The business should consider who to include - all staff, certain staff (by grade, age or service) or key employees - using the benefit as a recruitment/ retention tool. It should also think about what members' total expected contribution levels will be.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Become a subscriber

From £66 a quarter

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine
  • Plus lots more, including our State of the Industry Report.

Choose a Package