A Group Pension or Occupational Pension Scheme is a savings account designed to accept contributions from both you and your employer. These contributions then grow into a lump sum (pension fund) that will provide you with pension benefits when you retire.
All employers are legally obliged to provide employees with access to some form of pension provision. A Group Pension is an efficient way of doing this, providing excellent benefits to both employer and employee alike.
Euro Wealth Financial can offer Group Pensions advice and Pension planning solutions to both employees and employers who require Pension assistance. A Defined Contribution Pension Scheme where the employer and the employee both agree on the amount that they both contribute into the pension scheme.
The Pension Scheme can also allow for Additional Voluntary Contributions (AVC’s) as well as transfers from other Pension Schemes. Euro Wealth Financial can provide you with more information about Group Pensions.