LIGHTHOUSEWORKPLACE SOLUTIONS

Simple, affordable pensions and more

Lighthouse Workplace Solutions provides straightforward, modern workplace pensions and life insurance designed specifically for smaller and medium-sized organisations, with full local support.

Working with recognised global specialists, including award-winning asset managers AllianceBernstein and insurance giant Zurich Assurance, we make it easy and affordable for businesses that employ a small number of people to provide employees with market-leading benefits on preferential terms.

Lighthouse Workplace Solutions is part of Lighthouse Group, one of the UK’s largest providers of financial advisory services and related products. We have extensive, long-standing experience of setting up and administering employee benefits, including workplace pensions, for employers of all sizes.

With approximately 150 experienced advisers across the UK, we are able to provide you with the hands-on local support you need to set up your workplace pension and comply with auto-enrolment requirements – from start to finish and for a fixed fee.

We also partner with payroll and accountancy firms to remove the challenges of workplace pensions and auto-enrolment – for them and for their clients.

Auto-enrolment and workplace pensions are not regulated by the FCA.

Lighthouse Workplace Solutions

Lighthouse Workplace Solutions was set up to enable small and medium-sized businesses to provide their employees with modern, cost-effective benefits.

With the advent of automatic enrolment, many smaller organisations are providing employee benefits for the first time. We aim to make this as straightforward and easy as possible for them – no hidden charges, no jargon, minimum paperwork. We currently offer two workplace solutions:

Lighthouse Pensions Trust, a TPR-listed master trustOur purpose-built workplace pension scheme, Lighthouse Pensions Trust, was designed specifically for auto-enrolment. It has achieved master trust assured status under The Institute of Chartered Accountants England and Wales (ICAEW) framework for auto-enrolment and is 5-star rated by independent research firm Defaqto. It is low cost and flexible and is likely to be suitable for most small and medium-sized organisations.

Lighthouse Life TrustOur purpose-built life insurance trust, Lighthouse Life Trust, brings death-in-service benefits to small and medium-sized businesses at market-leading rates and on preferential terms.

Hands-on, practical support and helpWhile our products are modern and make full use of online technology, we know that sometimes it is easier to talk to someone – either in person or by phone. Your local adviser will be there to help you every step of the way, backed by our UK-based administrative centre who you can call with any queries. Indeed, we offer a complete set-up and management service for workplace pensions, leaving you free to concentrate on running your business while we ensure you comply with auto-enrolment rules.

Lighthouse Pensions Trust

Lighthouse Pensions Trust is a low-cost, flexible workplace pension created specifically for auto-enrolment. It has achieved master trust assured status under the ICAEW’s framework for auto-enrolment and is 5 star-

rated by independent research firm Defaqto.

Lighthouse Pensions Trust is straightforward to use and is likely to be suitable for most employers, but especially those with fewer than 250 employees and average pay and staff turnover rates. It is the only master trust assured scheme available to smaller businesses that has local coverage and offers a complete on-boarding and management service.

Our software works with major payroll packages, enabling accountants and payroll firms to manage all their clients’ auto-enrolment requirements through one, easy-to-use portal.

A choice of investment funds are available, including AllianceBernstein’s range of age-based target date funds. AllianceBernstein is an award-winning global asset manager.

Lighthouse Pensions Trust is set up as an unbundled, multi-employer, occupational pension master trust, giving it robust governance. Its trustees are Bridge Trustees Limited, part of Eversheds Sutherland, one of the world’s largest law firms, BESTrustees PLC and Lighthouse Benefits Limited.

Key features

• Low cost; no hidden charges.

• Minimum paperwork: on-line access for scheme members.

• Dedicated local adviser and administrative team available on an ongoing basis.

• No upper contributions limit.

• Employers can select different levels of contributions for different categories of staff.

• Scheme members can transfer other pension funds in and out, free of charge.

• Members automatically receive a welcome pack and online login details.

• Statutory communications sent to employees automatically.

• Meets TPR’s rigorous master trust listing criteria.

Lighthouse Pensions Trust for employers

Setting up a workplace pension and enrolling employees is surprisingly complex and time-consuming and it is easy to get it wrong. That is why we set up your scheme and run it for you.

You simply give your local adviser some basic information about your employees, choose how much you want to contribute, and we do the rest.

Once set up, employers benefit from full support from their specified Lighthouse Pensions Trust account manager.

Members can view their individual accounts online.

We provide full support not only during set-up but on a ongoing basis. If you have a query simply contact your local Lighthouse adviser or our admin team.

Our service is managed by your local Lighthouse adviser and implemented by our experienced workplace pensions team. They ensure you meet your auto-enrolment obligations, leaving you free to concentrate on running your business.

Lighthouse Pensions Trust for payroll and accountants

We work with you to remove the challenges of workplace pensions and auto-enrolment – for you and for your clients.

Would you like to be able to work with confidence with a specialist who can not only provide a workplace pension that works with most of the main payroll software packages, but who also works closely with you to help set up and administer schemes for your clients, thereby adding value to your client relationships and promoting client retention?

If so, you should talk to us. Lighthouse Pensions Trust:• is easy to set up: we work

closely with you to set up each scheme

• works with most payroll software packages, enabling you to manage clients’ workplace pensions with one provider

• is aligned with standard payroll processes, saving you time

• accepts batch or single uploads, giving you flexibility

• gives employees on-line access.

We provide full ongoing support, from your local Lighthouse adviser and our administrative team.

Lighthouse Life Trust

Bringing death-in-service life insurance to small and medium-sized businesses at competitive rates and on preferential terms.

Lighthouse Life Trust, available exclusively to employers using Lighthouse Pensions Trust for their workplace pension, makes death-in-service benefits life insurance accessible to small and medium-sized businesses.

It is an unbundled, multi-employer, occupational master trust and is approved by HMRC. It is underwritten by Zurich Assurance, part of Zurich, one of the world’s largest insurance groups, and governed by Bridge Trustees, part of Eversheds Sutherland, one of the world’s largest law firms.

Tax-deductible for the business and tax-free for employees, life insurance is one of the benefits employees value most and really does assist recruitment and retention.

Unlike most life insurance schemes for employees, Lighthouse Life Trust is open to virtually all organisations, not just those with a large number of staff, and covers all employees at market-leading rates, almost without exception.

It enables employers who thought they could not afford to provide death-in-service benefits, or were put off by the complexity of the paperwork and having to deal with HMRC, to provide

this valued benefit. Employers choose a single level of benefit for all employees. No medical evidence is required. The employer simply signs an Actively At Work Declaration when the cover starts.

At a glance

• Open to all employers using Lighthouse Pensions Trust, no matter how few employees, almost without exception.

• Accepts all employees from 16 to 65, no matter age, gender, medical history, occupation, location or pastimes, almost without exception.

• Is priced to offer real value for money – a single premium covers all employees.

• Is straightforward to set up, with minimum paperwork.

• Underwritten by Zurich Assurance Limited, part of Zurich, one of the world’s largest insurance groups.

• Governed by Bridge Trustees, which is part of Eversheds Sutherland, one of the world’s largest law firms.

Get in touch

If you are an employer:

Get in touch now to find out how we can take the hassle out of setting up your workplace pension and complying with the complexities of auto-enrolment, leaving you to focus on running your business.

If you are an accountant or payroll bureau:

Get in touch now to discuss how we can support you and your clients in setting up their workplace pensions and meeting their auto-enrolment obligations.

Call 08000 85 85 90 or email LWSenquiries@lighthousegeb.co.uk.

LIGHTHOUSEWORKPLACE SOLUTIONS

Lighthouse Workplace Solutions is a trading name of Lighthouse Carrwood Limited, an appointed representative of Lighthouse Advisory Services Limited which is authorised and regulated by the Financial Conduct Authority. LighthouseCarrwood Limited and Lighthouse Advisory Services Limited are wholly owned subsidiaries of Lighthouse Group plc. Registered in England No. 05626656. Registered Office: 26 Throgmorton Street, London, EC2N 2AN. 2017-10-38 18.0031 exp 22/6/18.

www.lighthousegroup.plc.uk/divisions/workplace-solutions

Lighthouse Workplace SolutionsHighbank HouseExchange Street

StockportSK3 0ET

T: 08000 85 85 90E: LWSenquiries@lighthousegeb.co.uk