Workplace Savings Solutions

Workplace savings is a complex market and our strength is in supporting our customers, putting them at the core of everything we do; building strong, long-term relationships and recognising the value of working closely with advisers.

Our commitment to you and your clients

Our flexible and wide-ranging workplace savings solutions are suitable for small to large schemes and introduce more choice to meet the needs of you and your clients, for today and tomorrow.

We offer a choice of ready-made and fully governed pension investment options, as well as bespoke options to help you design the right solution for your client.

Our solutions are supported by a high quality, people-led service, supporting you every step of the way. Our commitment to our clients means we will share our knowledge and expertise, support you through complexity and be easy to do business with.

Pricing

  • Clear, simple and consistent approach to pricing for new and existing schemes.
  • New business schemes individually priced based on the overall profile submitted, subject to a maximum total annual fund charge of 0.75% per annum on default investments.
  • Streamlined existing business pricing process implemented.
  • Sustainable value for money and proposition for you, your clients and their members.
  • On-going review of regulatory changes to make sure fully compliant.

Important notice
Please note that charges, terms and limits may change and some schemes may not qualify for Scottish Widows terms. Please contact us for details of any restrictions that apply.

Our Workplace Savings Solutions

  • Our GPP is aimed at employers looking for a simplified workplace solution.

    Our investment proposition offers flexibility and choice, to suit different investment needs. Clients can chose to offer their members access to our ready-made and rigorously governed Pension Investment Approaches, or allow them to self-select from our collection of investment funds.

    We can provide members with online tools to help them decide which investment approach may be most suitable for them.

    We offer tailored employee engagement communications, that are jargon free and easy to understand. For more information on our GPP, get in touch.

  • Our Retirement Saver is a Group Self Invested Personal Pension with integrated drawdown. It can be used as a qualifying workplace pension for automatic enrolment.

    The investment options include a selection of passive and active strategies, catering for different customer needs. It also offers access to a wide self-select range, offering greater flexibility and it can facilitate bespoke adviser-designed investment strategies. It offers an investment range that is independent of any fund manager.

    The Retirement Saver offers a robust governance framework, protecting employees and supporting employers. Our Independent Governance Committee (IGC) members have extensive knowledge, insight and experience. They use this to ensure customers are getting the best possible value for money.

    We also offer traditional and digital engagement support at no additional cost to help bring retirement planning to life for customers.

    We can provide insightful reports and MI with 24/7 access to scheme data. For more information on our Retirement Saver, get in touch.

  • This is aimed at medium to large employers who wish to offer a comprehensive and cost effective defined contribution scheme. It offers them the simplicity of a fully bundled platform and an investment choice that is independent of any fund manager.

    Our investment options include a selection of passive and active strategies that allow members to take advantage of the options available under Pension Freedoms, as well as a wide self-select range of investment options if you want to design your own bespoke strategy.

    Our Master Trust has a robust governance process and is overseen by three independent professional trustees who are responsible for ensuring it is run in the members’ best interests.

    We can provide insightful reports and MI with 24/7 access to scheme data.

    We also offer traditional and digital engagement support at no additional cost, as well as access to our specialist presentation team who can provide support as well as education to members. For more information on our Master Trust, get in touch

  • This is aimed at clients offering retirement benefits written under trust. It enables members to build up a pot of money for retirement in a tax-efficient way, accepting employer, employee and additional voluntary contributions (AVCs).

  • This is useful for clients who wish to wind-up their defined contribution occupational scheme, whilst offering security and peace of mind. This offers commission and adviser charging as an option, as well as access to fund design flexibility. It can also be run alongside a Group Personal Pension or Group Stakeholder Pension.

  • This is ideal for clients to help them fulfil their Auto Enrolment duties.  Find out more about our Investment Proposition

  • Provides access to a range of different investment options, giving employees the potential for tax-efficient capital growth and income.  It provides additional savings and investment flexibility to complement pension savings, particularly for those employees who have exceeded pension contribution limits or who would like the added flexibility in the way they invest.

  • Provides access to a range of different investment options, giving savings the potential for capital growth and income. It provides additional savings and investment flexibility to complement pension savings, particularly for those employees who have exceeded pension contribution limits or who would like the added flexibility in the way they invest.

  • This is a flexible unit-linked investment contract specifically for the trustees of a registered pension scheme. We offer a wide range of unit-linked investment funds so that your client can choose the one(s) that could best meet the investment objectives of their scheme.

  • This is aimed at trustees who wish to invest large pension funds in a tax-efficient way in order to spread their investments and/or take advantage of investment funds not available under their existing scheme(s).

What do you want to do?

Find out about Salary Exchange

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