Group Personal Pensions

A Group Personal Pension (GPP) scheme is a collection of personal pension plans provided by you for your employees. Each employee will get their own plan, which you can both contribute to. The contributions can either be invested in a default fund or from a portfolio of funds made available to your employees.

The main advantage of using a pension to save for retirement is its privileged tax status. When contributions are made to a pension they attract tax relief and the pension is allowed to grow in a tax efficient environment.

Research and Costings?

We can review the whole of the market and provide you with an understanding of the providers that will suit your needs. Important considerations will normally include:

  • Auto enrolment requirements
  • Annual Management Charges levied on employee pensions
  • Brand awareness
  • Financial Strength
  • Support with communications
  • Default fund options and historic performance

How we can help you

SMH Financial Services is an independent employee benefits broker and can advise you on the most appropriate Pension scheme for your business, taking into account your organisation’s objectives, specific requirements and budget.

We undertake a thorough independent provider selection process based on your requirements. We will assist you with communicating this benefit to your employees, as well as providing on-going support and advice if you or your employee’s have any queries relating to the scheme.

If you are looking to review or harmonise your existing pension arrangements, we can provide you with the advice you need.

A PENSION IS A LONG TERM INVESTMENT THE FUND VALUE MAY FLUCTUATE AND CAN GO DOWN. YOUR EVENTUAL INCOME MAY DEPEND UPON THE SIZE OF THE FUND AT RETIREMENT, FUTURE INTEREST RATES AND TAX LEGISLATION.