The advent of auto-enrolment and the increased pension cost attributable to an employer is likely to bring scheme design into sharp focus. When designing a DC scheme it is important to consider all the costs that will be faced, both immediately and in the future, to ensure that the scheme continues to be affordable. more 

Xafinity’s research indicates that on average 60% of employees generally join their employer’s pension arrangement. Auto-enrolment is likely to increase this take-up rate markedly, at a time when many organisations are seeking to control costs. more 

From 2012, employers will have to decide whether they auto-enrol their employees into the National Employer Savings Trust (NEST) or a Qualifying DC scheme. The differences between the different types of DC arrangements are significant. more

The number of deferred members of DC schemes is increasing each year. This represents a significant cost and liability for employers and schemes. Taking appropriate action now could be of significant financial benefit to both. more

Xafinity can work with you to devise a scheme that is market leading, tax-efficient and appreciated by your workforce. We assist our clients to optimise the return on their investment of contributions into the scheme from a recruitment, retention and motivational perspective.