FOR ADVISERS ONLY

Switching your client's pension scheme

Our workplace pension scheme is simple to switch to, easy to administer and provides dedicated support and training for your clients and their employees.

Whether they’re looking to save money, or simply want to receive improved service levels and support, we’re committed to giving you and your clients the very best experience.

Reasons to switch to us

Our dedicated team will be on hand throughout the set-up period and beyond to answer any questions your client may have and ensure everything runs smoothly.
They’ll give your client and their colleagues all the training and personal support they need to keep them on track with their employer duties.
Our experienced transfer team will manage moving any existing pension savings over to their new scheme.
We'll work with your clients to create a strong employee engagement plan, and will add their branding to our communication materials at no extra cost.
We won’t charge your clients to transfer their pension scheme to us.
When we do well, we'll aim to boost their scheme members' retirement savings by giving them a slice of our profits. We call this ProfitShare.

How switching your client's pension scheme can help your business

If you’re looking for new business opportunities, pension switching can help you initiate conversations with both existing and new clients about reviewing their workplace pension scheme.

The benefits of reviewing and switching your client's scheme
Our leaflet and case study demonstrate how reviewing and switching your client's scheme can help them move to a workplace pension which can offer improved support or save money.
Read more about these benefits

Our scheme switch support

You can use this approach email template to initiate a conversation with your clients, along with the suitability report template with selected key messages to support your recommendation of a Royal London workplace pension scheme.

You can also pick and choose from the following:

Support materials
	Employer leaflet and case study To support your conversation with your clients and help them understand the benefits of reviewing their workplace pension scheme, and how switching could help them. Download
	Introducing salary exchange Great for introducing the benefits of salary exchange if your clients don’t already offer it as part of their existing scheme. Download
	Salary exchange calculator Allows you to produce employee level illustrations. Your Royal London contact can provide group level illustrations. Download
	Setting up salary exchange Designed to support your conversation around setting up salary exchange, highlighting the things your clients should consider. Download
	Employer reassurance leaflet Addresses the most common concerns employers have when switching their pension scheme. Download
	Our employer brochure Designed to help your clients get to know us, what we stand for and how we can support their workplace pension needs. Download
	Workplace Pension options for independent schools Designed to help your clients understand the options available to them if they're looking to switch from the Teachers' Pension Scheme. Download

For your clients

From day one, we’ll take care of your clients and guide them through the switching process.

Our implementation team will introduce them to their implementation hub which provides an overview of the steps involved when switching their scheme, and lets your clients track the progress of their move.

They'll also introduce them to our online service where they'll run and administer their scheme. They'll also provide full training until they feel ready to run it themselves.

And to make sure their employees are on board with the move, we’ll work with your clients to create a strong employee engagement strategy. We’ll help raise awareness of their new scheme, so that, like them, their employees know what’s happening and when and how this benefits them.

Of course, commitment to engaging employee communications and our dedicated support is in place for the lifetime of your client’s scheme. Their scheme owner will continue to check in regularly with them and keep track of their scheme performance. They’re just a phone call away if they ever need them.