Many of the larger companies that we deal with provide their employees
with a scheme which attempts to guarantee a pension income based on their
years of service and final salary.
These so called Final Salary Schemes are pooled funds, to which no
individual member has an absolute right.
Charlwood Leigh works closely with Actuaries and Insurance Companies to ensure that Final Salary Schemes are properly funded and can continue to meet the promises which are made to the members.
If this becomes too much of a burden on the employer (as many have) however, we can also advise on how to bring the scheme to a close and replace it with something more manageable.
This is a highly complex area and for further information I would suggest you
contact us
and we will come and see you.
If you yourself have retained benefits with a Final Salary Scheme and
are uncertain to as to what they are worth, or how stable your scheme is, Charlwood Leigh would be happy to help you to assess them.
Please
contact us
for further information.
