A Pension is nearly always the single most expensive benefit for an employer to provide. So why is that many employees do not attach a significant amount of appreciation to it?

Employers typically spend between 6% and 15% of payroll providing a pension to employees*. This is a huge commitment for employers to make. We can help organisations by engaging with employees in a truly innovative and revolutionary manner.

Therefore we can help you to ensure that your organisations 6 - 15% of payroll is not a wasted opportunity. How do we do this?

In order to help employers change this ambivalence towards company pensions we bring tried and trusted methods that we use with private clients into the corporate arena:

  • Using Goal-Plan, our investment targeting tool, employees are engaged as they work with an expert adviser. Together they agree the employee's investment goals, which are based around their objectives and priorities in life. This is how we can truly engage an employee with their pension.
  • We then link asset allocation strategy with the employee goals. This forms the building block of the investment portfolio that the client will invest in. As 90% of returns can be attributed to asset allocation strategy, we believe that it is vital and absolutely pivotal for ongoing success and engagement that we decide upon a suitable asset allocation strategy.
  • We can show employees if their goals are realistic, or not, relative to the level of risk they may be willing to take. We can also show them what they can do to improve their chances of financial freedom later in life.    
  • To help keep employees engaged we build every single client of Wilcocks & Associates their own secure personal financial website. Employers have no access to this, only each employee can access their own individual site. This is one of the reasons clients like this benefit so much!  Websites include an abundance of useful date such as fund information, performance charts, as well as product information on pensions, mortgages, insurance, and otherinvestments.
  • Each employee can, at the touch of a button on their personal website, generate their Total Wealth Statement.
  • We extend our technology offering even further with smart phone and tablet applications so employees can stay engaged and up to date with their portfolios and wealth on the move using their iPhone, iPad or equivalent.
  • saving up to 5.5% in initial charges and delivering fund manager annual charge rebates of up to 50% - which is rebated into employees pensions.

* Pensions research, Employee Benefits magazine August 2010

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