J
Joolz
Guest
Hi there,
I'm new to this whole area and I'm in the process of setting up a group pension scheme for an SME. The pensions adviser in the bank (whom I feel is taking advantage of my naivety) has told me that the minimum number for a group pension is five people. I was hoping to set up one group for the Drirectors and another for the employees. There are four Directors. What is the best course of action for me to take in this instance? Do I have to take one of the employees into the Directors group? Surely any more than two people can consitute a group...perhaps it depends on the provider?
Joolz
I'm new to this whole area and I'm in the process of setting up a group pension scheme for an SME. The pensions adviser in the bank (whom I feel is taking advantage of my naivety) has told me that the minimum number for a group pension is five people. I was hoping to set up one group for the Drirectors and another for the employees. There are four Directors. What is the best course of action for me to take in this instance? Do I have to take one of the employees into the Directors group? Surely any more than two people can consitute a group...perhaps it depends on the provider?
Joolz