an engaging, accessible, and personalised experience
Organisations have strong incentives to offer retirement benefits to their employees as such benefits attract talent and enhance employee engagement.
Self-administering an occupational retirement scheme is both complex and costly to employers, and often leads to poor employer outcomes. Multi-employer retirement schemes offer the best features of an outsourced arrangement which looks after the day-to-day, while an independent management committee looks after the interests of the members.
Multi-employer retirement schemes allow employers to offer an engaging, accessible, and personalised experience for their employees which highlight the value of retirement benefits to employees and ensure a return on investment for employers.
Multi-employer occupational retirement fund advantages
Fiduciary Assistance
- Delegation of governance and administrative services to independent professionals
- Allow employers to focus their business needs
- Promote transparency and reduce regulatory burdens
Improve Retirement Incomes
- Delegation of choice and financial planning to members through retirement planning tools
- Empower employees to take well-informed decisions
- Promote engagement of members and improve their retirement incomes
Reduce Costs
- Creation of economies of scale and increase of purchasing power
- Allow employers to share operational costs and reduce the average cost per member
- Promote a viable retirement scheme