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 around 500 experienced and highly-trained 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.

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 5-star Defaqto-rated master trust

Our purpose-built workplace pension scheme, Lighthouse Pensions Trust, was designed specifically for auto-enrolment. Given a 5-star rating by independent research firm Defaqto, it is low cost and flexible, plus, as it is structured as a master trust, has robust governance. It is likely to be suitable for most small and medium-sized organisations.

Lighthouse Life Trust

Our 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 help

While 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

A 5-star workplace pension designed specifically for auto-

enrolment that is low cost, flexible and straight-forward to use.

Our purpose-built workplace pension scheme, Lighthouse Pensions Trust, was designed specifically for auto-enrolment. Low cost and flexible, it has been awarded a 5-star rating by independent research firm Defaqto.

Lighthouse Pensions Trust is an unbundled, multi-employer, occupational pension master trust. The master trust structure gives it robust governance – the independent trustee is Bridge Trustees, part of Eversheds, ones of the world’s largest law firms.

It offers a choice of investment funds, including the BirthStar® range of age-based target date funds managed by award-winning global asset manager AllianceBernstein.

It is likely to be suitable for most employers, especially those with fewer than 250 employees and average pay and staff turnover rates.

For employers we offer a complete on-boarding and management service. Our software integrates with major payroll packages, enabling accountants and payroll firms to manage all their clients’ auto-enrolment requirements through one, easy-to-use portal.

Key features

• Low cost; no hidden charges.

• Minimum paperwork: online access for employers, payroll, and scheme members.

• 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.

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

• Statutory communications sent to employees automatically.

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

• Branded microsite option.

• Choice of risk-profiled, Sharia and ethical funds, plus the BirthStar® target date funds.

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, Lighthouse Pensions Trust offers an entirely paperless process. We give you access to an online portal, through which to view information about your employees and their various

contribution levels. Members can also 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 5-star workplace pension that integrates with leading 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

• integrates seamlessly with leading payroll software packages, enabling you to manage all clients’ workplace pension schemes in one place

• is aligned with standard payroll processes, saving you time

• accepts batch or single uploads, giving you flexibility

• gives payroll, employers and employees online 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 market-leading 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, 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 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, 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, 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

Registered in England No. 05626656.

Registered Office: 26 Throgmorton Street, London, EC2N 2AN.

Lighthouse Workplace Solutions is a trading name of Lighthouse Carrwood Limited, which is an appointed representative of Lighthouse Advisory Services Limited which is authorised and regulated by the Financial Conduct Authority. Lighthouse Carrwood Limited is a wholly owned subsidiary of Lighthouse Group plc. 2015-09-84 0865

www.lighthousews.co.uk

Lighthouse Workplace SolutionsHighbank HouseExchange Street

StockportSK3 0ET

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