In recent years we have seen an increase in the number of schemes that are outsourcing for the first time. Outsourcing can provide many benefits to trustees, employers and to members by taking away some of the pressures of running a pension scheme and ensuring clients have access to the latest online systems as well as easing the burdens of implementing new legislation and pension freedoms.
In our approach to administration we see ourselves as an extension of your in-house team. Each outsourced client has its own specialist administration team with the appropriate knowledge and expertise meaning that each administrator truly understands your scheme and your members. We have often taken on staff from existing specialist in-house teams.
We are experts in first-time outsourcing as well as managing ongoing third party agreements. In the last three years we have taken on over 20 pension schemes which have outsourced for the first time.