XPT is a cost effective solution for one or more of:

• Building future DC benefits;
• Transferring the responsibility for, and cost of, deferred members out of the employer’s trust based DC scheme;
• Transferring the responsibility for, and cost of, AVC benefits out of the employer’s DB scheme;
• Transferring the responsibility for DC benefits out of a DB scheme in the PPF assessment period;
• Transferring the responsibility for DC benefits out of a DB scheme in the FAS assessment period;
• Assisting in DC scheme wind-up.  

When building future DC benefits, XPT enables an employer to provide its employees with a bespoke trust based DC pension scheme, but at a cost usually associated with a contract type arrangement.  A strong centralised compliance and governance framework is provided, that requires minimal time and effort from employers.

XPT offers comprehensive investment support to members, incorporating a range of special investment strategies. These are designed to satisfy members’ differing attitudes to risk with the underlying asset allocation and fund management being regularly monitored and reviewed by the Professional Trustee. 

Communication with members is of the highest quality with on-line projection models, risk-based investment tools and decumulation (e.g. annuity purchase) support available to members. The website, booklets and other communications can be branded and tailored to help promote corporate identity.

When dealing with deferred members’ benefits, XPT has a number of specific advantages over contract based buy-out policies (sometimes known as S32 policies), which better protect the value and shape of members' benefits.

To download our 'In Brief' factsheet, please click here