Appetite for Reconstruction

Workplace pension arrangements have been in a state of permanent revolution through the RDR, NEST, reduced tax relief and new fee/commission structures.

This latest white paper from Standard Life assesses the changes that have taken place in the course of the last 18 months and highlights that there is an urgent need to reconstruct workplace pension arrangements to ensure that provision is fit-for-purpose in light of recent developments.

In exploring this theme, the paper considers whether employee wealth platforms offer the best solutions to the current challenges and examines the steps required to achieve successful delivery whilst highlighting the potential pitfalls and hurdles.

Having identified what success may look like, the paper provides a blueprint for achieving the desired outcomes whilst balancing the strategic and external drivers for reconstruction and provides a ‘checklist for success’.