Johnson Fleming has launched a guide to help employers select a pensions adviser prior to the 2012 pension reforms.
Its Guide to appointing a defined contribution (DC) pension adviser includes a sample tender document that could save an employer’s time when it undertakes a pension scheme adviser review.
Many employers will conduct a review of their pensions adviser to ensure compliance with the auto-enrolment requirements, part of the 2012 pension reforms, which often requires a formal tender process.
Simon Fletcher, client relationship director at Johnson Fleming, said: “The process used to appoint a corporate pension adviser needs to be effective and efficient, but can also require a rather specialised assessment compared to many procurement projects.
“Our new guide is designed to help businesses achieve the selection of the adviser that can best meet their needs, while also taking away much of the hard work involved in the tender process.”
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