Pensions

About the Gemelli Pension Scheme
Gemelli have partnered with a local Financial Management company.  They will work with our clients to design, administer and manage your company and personal Pension Schemes to ensure you have the best possible plans in place.   

The financial management company are authorised and regulated by the Financial Services Authority as Independent Financial Advisors and are totally independent.  This enables them to assess your requirements and along with their innovative flexible benefits software, provide you with a comprehensive and structured plan covering all areas of your employee benefits package. 

This makes them a perfect fit with Gemelli and our employee benefits offerings. Their main services include:

Salary Sacrifice
Financial advisors will work with you to establish and administer salary sacrifice schemes for your pensions.  This strategy will allow employees to increase the value of their pension contributions by up to 11% whilst saving you the employer 12.8%.

As an example of our work: 

Thanks to advice from financial advisors, a company recently re-structured their pension scheme and moved to a salary sacrifice contribution model.

• Year 1 savings for the employer are predicted to be £32,000

• Employee contributions increased by an average of £206.25 per annum

Thanks to the restructuring and the savings in national insurance the company has introduced a whole suit of additional benefits including a flexible benefits package, private medical insurance, child care vouchers, group income protection and an employee discount club.

In addition to researching and implementing the changes the financial management company also conducted a comprehensive communications package including one to on advice on the impact on each member, group presentations, intranet pages, employee benefits brochures and plain English newsletters.

.......and it didn’t cost the company a penny!