Scottish Life has re-launched a range of support material for employers and advisers to help them set up and run successful salary sacrifice schemes.
The pensions arm of the Royal London Group believes salary sacrifice schemes provide an attractive and cost-effective pensions solution. Salary sacrifice can be set up so more money is invested in pension schemes but with both employer and employee ending up in a financially neutral position. They can be run in conjunction with either a new or existing pension scheme, says Scottish Life. Supporting materials provided by the group include an online calculator, technical guide for financial advisers, a guide for employers and a guide and ‘ready reckoner’ for employees, as well as a series...
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