Group Stakeholder Pension Plans

All employers with five or more eligible employees are required to provide pension provision, and in most cases, a stakeholder scheme is the preferred option.  The scheme is set up by the employer and each employee has their own individual account.  The key differentiator of a stakeholder plan is that fees are capped.

The Fidelity difference

• A robust and extensive DC Fund Platform, offering the flexibility to create your own investment menu from a wide range of funds, managed by Fidelity as well as a number of external leading fund managers
• In line with the government's requirement that a Stakeholder plan must offer a Lifestyle option as its default investment, Fidelity offers an active option and a passive option. Furthermore tailored options can be made available
• Fully In-house administration services, using a common 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 single Client Administration Manager
• A full range of communication solutions for employer and employees and an extensive range of support material to meet both initial and ongoing requirements
• Online facility, PlanViewer, providing employers/plan sponsors, authorised persons and members with extensive plan and fund information along with news and educational tools (please contact us for a preview of PlanViewer)
• Dedicated UK based DC Helpdesk, whose representatives have both pensions and customer service experience. Members have access to and control over their pension accounts

Investments

Default Lifestyle options:

In line with the government's requirement that a Stakeholder plan must offer a Lifestyle option as its default investment, Fidelity offers an active option and a passive option.

Tailored options available:

• The employer has the ability to choose a default option of their own
• Up to three Lifestyle matrices can be chosen for each plan

Fees

Specific charges are determined on a case-by-case basis and will depend on the client and the funds selected. Fidelity’s charges will not exceed 1% of the value of each member's assets. For information about Fidelity's fees, please contact us.