Defined Contribution Strategy & Design

Defined Contribution (DC) Strategy and Design

What are you looking to achieve with your DC pension provision?  Why is your pension provision structured in the way it is?

There are a range of approaches for providing retirement savings in terms of contribution designs, pension vehicles, providers and member offering – each of these elements should be aligned with the objectives of your organisation.  Our specialist DC consultants help employers of all sizes to select the approach to pension provision which best meets their needs and those of their people.

Our support for you includes helping assess the objectives you are looking to achieve through your DC pension offering and, leveraging our immense expertise, data driven insights and analytic capabilities, advising you on the design of your pension arrangement to best attain those objectives.

Why is it important to think about your DC strategy and design?

Pension contributions are often the second biggest element of an employer's benefit spend and they are a key investment in the financial wellbeing of your people - it is crucial that this investment is directed wisely.  Too often, we see organisations operate ineffective DC pension arrangements which provide poor value and which fail to address their needs or those of their workforce.

Clearly defining your pensions strategy and optimising the design of your DC offering maximises the return on your benefit spend and ensures you effectively support your employees to secure a high quality of life in retirement.