What is a Group Personal Pension Plan
In a lot of ways it's exactly the same as a personal pension but is set up by the employer. Although it's arranged by the employer, you have your own plan in your own name. It helps you save for retirement in a tax-efficient way and can also pay out a lump sum or provide a pension for your family if you die before you retire.
For the employer it helps simplify the administration of deducting contributions via the payroll and depending on the provider selected can also provide a simplistic audit of all payments made for both the staff member and the employer if you choose to reward your staff in this manner.
By making a contribution to the members plan you add to the total employee package which in turn helps maintain good working relationship and helps prove your willingness to invest in the members and help provide towards their retirement needs.
Please make contact for further information and the benefits of such a plan.
GOPAK Ltd - Please use this link to register with Scottish Equitable. You will then be able to view your policy.
Summers Development Ltd (SDL) - Please use this link to register with Scottish Equitable. You will then be able to view your policy.