A Group Pension Scheme – sometimes referred to as a DC (Defined Contribution) Pension or Occupational Pension is a pension plan provided by an employer for its employees.
It is a tax-efficient way to help ensure employees are financially secure in retirement as it offers employees the opportunity to avail of tax-reliefs against contributions.
At Phelan Caswell Insurances, we design the Pension Plan to suit your industry and organisation requirements. Establishing a good Pension Plan brings considerable advantages to your organisation and your employees:
- Assist with the retention of staff
- Make it easier to recruit new staff
- Tax Relief on both Employer & Employee contributions
Phelan Caswell Insurances make it easy for both employers and employees to engage with and understand the retirement planning process, by building lasting partnerships with our clients.