Features & Options of Box Pensions
Master Trust. Box Pensions is part of the Salvus Master Trust established by Goddard Perry in 2012. A Board of Trustees sit four times a year to review the activities of the scheme and prepare reports for The Pensions Regulator.
Default Fund. We have for now, selected a Lifestyling solution with Blackrock, a world leading investment manager. If the Blackrock solution is underperforming or better alternatives are readily available to the Trustees then they can select alternatives if these offer a better potential outcome for the members.
Other Funds. Selecting alternative funds is easy using the online portal that each member will have access to. This can be done on a self-select basis as all the funds have been approved by the Trustees for use in the pension scheme or this can be an advised process if that relationship exists between you and your clients.
Insurance. Unum have teamed up with Box Pensions to offer employers using us to provide a pension scheme with the option of offering two simple insurance policies for their staff too. Life Cover and Income Protection are not often offered by anyone other than large companies but we have made the application process simple and secured really good pricing from Unum enabling employers to offer even more to their loyal staff.
Perkbox. Perkbox are focussed on employee happiness and like us believe everyone should feel happy at work, no matter what they do or where they are in the company. We are striving to make pension saving a normal habit and to help people engage with this important piece of personal planning.
Box Pensions Pricing
- Employer Fees.
- Set up Fee: £300.
- Ongoing Administration: Nil.
- Member Fees
- Membership Fee: £1.50/month per member.
- Annual Management Charge (AMC): 0.49%.
These fee details are indicative only. Check this workplace pension provider’s website for full, current details on pricing, conditions, and investment policies.
The rating score is a weighted average of ratings from these respected sources.