Group Personal Pension Plans

Group Personal Pension Plans (GPPP) plans are arranged by the employer. An individual personal pension contract is set up for each employee, all of which are then grouped together under a GPPP ‘umbrella’. This means that each employee has an individual pension plan with Fidelity but benefits from group terms. Setting up a GPPP on a group basis results in better cost effectiveness and easier pension scheme management for employers.

GPPP disclosure requirements are less onerous than for occupational schemes and these are met by the pension provider, not by the employer
Reduced legal and administration costs mean a GPPP can be less expensive to run than occupational schemes
Employees can stop, start, or vary their pension contributions to their account and can usually continue to pay into their account if they change job

The Fidelity difference

A market leading DC Fund Platform, offering the flexibility to create your own investment menu from a wide range of funds, managed by Fidelity as well as other leading fund managers
High quality in-house administration, using a single administration platform that is fully integrated with our investment dealing system
Dedicated project management: our experienced implementation managers hold relevant professional and project management qualifications
Added value client management with a dedicated Relationship Director and a separate Client Administration Manager
An extensive range of communication solutions for employers and employees to meet both initial and ongoing plan requirements
Comprehensive and easy to use online facility, PlanViewer, providing employers and members with full plan and fund information along with planning tools, news and other educational tools
Dedicated UK based DC Helpdesk; members can contact us by telephone, email or post.

Fees

Specific charges are determined on a case-by-case basis and will depend on the profile of the Plan and the funds selected. For information about Fidelity's fees, please contact us.