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
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
Creation of economies of scale and increase of purchasing power
Allow employers to share operational costs and reduce the average cost per member