At IMS Financial we are well placed to provide guidance to both Employer & Employee when choosing to start or update their group pension scheme. Our advisers will take the time to meet with the Employer and Employees.

Following a consultation our Adviser will be in a position to advise which Pensions scheme would benefit both Employer and Employee, even on an individual level. We know every employee has different needs at different times in their life.

So, Group Pensions… what is it? In a Group pensions scheme the pension is placed with a pension company and run by the Employer or appointed Trustees. The pension builds using employee contributions, contributions the employer may make, investment returns and tax relief.

There is usually a range of funds to choose from. The value of investments may go up or down.