Preparation time is over... now it's time for ACTION!



Strong preparation for any event is vital but like our athletic heroes, the time comes when you can prepare no more, the starting gun goes off and you have to spring into ACTION!

Employers have been considering the impact of pension reforms on their business for a number of years, but they now need to fine tune their plans and start implementation. Why wait until your staging date and risk having to make a decision under pressure? Check out Jelf’s unique Brisk tool now to see how confident you are in your readiness for pension reform.

What you need to do

The auto enrolment elements of the reforms bring your business:
1.    A major deadline,
2.    Some initial and ongoing responsibilities, and
3.    Significant penalties for non-compliance! 

Have a look here if you want more detail.

Attractive terms for you and your employees

Jelf is an established pension scheme adviser and we have great relationships with the UK’s leading pension providers, meaning we have the capability to negotiate some attractive terms for the benefit of our clients and their employees, with our panel of providers

For example, we have negotiated exclusive terms for Jelf clients with Scottish Widows for their group personal pension. The great benefit is that the annual management charge from the very beginning of the scheme will be based on what the contribution levels will be in 2018, when the minimum contribution level increases to, typically, 8% of salary, rather than the starting minimum level under auto enrolment of just 2%. These Scottish Widows terms are an indication of just one of the solutions available to clients of Jelf, we have developed a number of solutions, with a selection of hand picked providers, who we believe can deliver comprehensive products.

We can set up a pension scheme for you this year and the cost of this advice and support will be funded by your chosen pension provider from their annual management charges under the scheme. You can create a scheme now for even a small initial number of employees that meets your future obligations, and you can then add more of your people into the scheme at the appropriate time. 

Communication with your employees is crucial

Helping you set up the right pension scheme is only one part of what we offer you.

Jelf Money at work is about ongoing engagement with your employees to help them understand the significant benefits of savings for their retirement and the scheme you put in place for them.
 
Time for ACTION!

Time seems to speed up as a key event gets nearer, meaning plans sometimes get rushed. Do Not Let That Happen To You. Jelf wants to help you meet your new responsibilities so please get in touch soon:

•    Fill in the online contact form.
•    Talk to one of Jelf’s pensions experts on 0333 321 0370, or
•    E-mail .

Because auto enrolment is not going to go away.