Helping employees avoid pension-value destruction.
Many employers run great pension schemes and spend a lot of money doing so - not just on the contributions they pay in but also on advice, communication and administration. And they’re happy to do so because they want their employees to have a decent income in retirement.
However, the decisions that people have to take about their pension are many, varied and are often bewildering, which can lead to so called ‘pension-value destruction’. We see evidence of people making poor decisions such as:
- accessing their pension pot earlier than they really need to
- incurring unnecessary tax charges
- making inefficient withdrawals, or
- becoming victims of pension scams.
Aspire to Retire has been designed to stop this happening. Watch our webinar to find out how to help your employees avoid pension-value destruction.