Pensions administration issues are often the biggest pension challenges facing trustees and employers. This has become even more so following the introduction of the freedom and choice options at retirement introduced in 2015. The pressures of running a pension scheme have increased considerably and we believe members expect and deserve better.
At XPS Administration we put members at the heart of everything we do. For example, we take a scheme-based approach, which means one administration team is responsible for every aspect of each client’s service. This allows us to build long-term relationships and provide the clarity of focus your scheme deserves, which is something your members and our staff really value. Your scheme members will be able to speak to a real person, who understands pensions and knows their scheme.
We look after over 800,000 pension scheme members across a variety of industry sectors and scheme types.
Our range of pensions administration services include:
- Scheme administration
- Scam identification
- Payroll services
- Pension scheme accounting
- De-risking projects
- Technical consultancy
Tax Help for Older People
Since 2018, XPS has partnered with Tax Help for Older People, a not-for-profit organisation, providing a very valuable service to pension scheme members. Tax Help for Older People assists individuals aged over 55 in understanding and assessing their tax obligations in taking benefits as well as assisting in completing HMRC tax returns.
To find out more about the findings see the report in Professional Pensions here.