Working with Xafinity, you can be confident that you can explore all practical options, before choosing the strategy that best suits your organisation and which maximises your return on investment in your most important resource; your employees.
The minimum contributions required under auto-enrolment will only deliver a retirement income at the very bottom of the range of which most people aim. Employers should consider total pension costs against what can be afforded and, ultimately, is needed to pay to recruit and retain employees.
Employers who want to differentiate their offer will need to ensure that employees understand why their employer’s offering is better than those of their competitors.
Auto-enrolment compliance will likely involve many employers contributing millions of pounds to DC pension arrangements. Articulating the value of these benefits to members and how and where members need to engage will be an important aspect of benefit delivery to ensure that members value the benefits being provided. Xafinity can help you achieve this.