Issued on: 02 January 2009
The Pensions Trust, the leading multi-employer scheme in the UK for the charitable, social, educational, voluntary and not-for-profit sectors, announces that Age Concern East Sussex is the latest employer to sign up to one of its schemes. Age Concern East Sussex has 36 employees who are now eligible to join the Trust’s Flexible Retirement Plan.
Commenting, Steve Hare, Chief Executive at Age Concern said: “We were not happy with our previous provider’s administration and so carried out a detailed review of the available alternatives. A lot of other local Age Concerns already belong to The Pensions Trust so we knew them by reputation and made sure they were included in the search. As it turned out, the Trust was the clear choice, based on the range of products it could offer, its performance, service levels and price.”
Logan Anderson, Head of Customer Relations at The Pensions Trust continued: “We have a long history of working with local Age Concerns and so are very pleased that Age Concern East Sussex has joined the fold. Our Flexible Retirement Plan allows employers to provide defined contribution pension benefits via a scheme that they can tailor to suit their own employees. Employers set their own contribution rate and pay a fixed rate management fee so that the cost of providing pension benefits is clear and predictable, which is very important in the current environment.”
As part of the implementation process, The Pensions Trust will be providing Age Concern East Sussex employees with seminars to explain the benefits of joining the Scheme.
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