One of our clients for whom we have delivered an excellent consultancy service is ASE Global. ASE Global came to Corinthian in September 2017 with a number of improvements needing to be made to their pension scheme, in particular:
ASE had an existing pension arrangement and wanted to ensure they were offering the best terms and options for both ASE as an employer and their employees by:
Receive pension benefits
NI savings year 1
Possible NI savings year 2
We undertook a full market review and recommended that ASE move their pension scheme to another provider which offered a comprehensive suite of auto enrolment tools, which their current provider couldn’t provide.
Corinthian also encouraged ASE to make salary exchange an option for all employees and in doing so, could save them over £8,000 in NIC in the first year and this could increase to £21,000 if all employees joined the pension scheme and were paying the contributions at the increased rates which come into effect from April 2019.