These Schemes are designed so that each employee has their own pension account into which both the employer and the employee can pay.
The employees pension will depend on the value of his fund at retirement and the annuity rate prevailing in the market at that time.
Although these schemes do not guarantee benefits, a properly funded Money Purchase Scheme can be a real asset to an employer who is looking to recruit the best staff for his business.
Charlwood Leigh can help you to organise the appropriate scheme for your staff and explain to them the benefits, which you are providing for them.
This encourages staff loyalty and adds to productivity in your business.
If you are a member of a Money Purchase Scheme, and are unsure of what your eventual pension might be, Charlwood Leigh can help you to assess your likely pension and show you how to make best use of the arrangement. Please
contact us
for further information.
