Individuals are not saving enough into pensions

How many times have you heard this statement?  In the newspapers, on TV, from colleagues and friends, and more frequently by the government.  Yet have you made sufficient provision for your retirement despite the constant reminders?  We predict a few will have but the vast majority hope the amount they are currently saving will be enough to fund their future. 

From our experience, this is rarely the case. To support this belief, a significant 85% of the employees we see (and we’ve met more than 10,000) are on course for a poorer retirement than they expect.

Using primarily face to face communication, we work with employees, helping each individual take proactive retirement planning action immediately.  As a result, 67% of the employees we see are on target for the pension they want in retirement.

For some we’ll also explain the rest of the benefits package, so that employees understand how they work and what they are.  93% of individuals say their pension knowledge has increased as a result, with 79% of the employees saying they value their benefits more than before, now they fully understand them.

Online and electronic methods of delivery have their place, but nothing is as effective as talking with an individual when explaining a benefits package.  This is why we firmly believe face to face communication is the only way to truly encourage employees to take proactive action.

Key documentation

 

At Secondsight we are committed to outstanding client service and so it is vitally important to us that you have access to key documentation whenever you need it.

If you have any questions on the following documents, please contact us.