Mashfords’ workplace pension adds value for staff

Three Reasons Not to Sell your Investments after a Market Downturn
March 7, 2016
A Budget for the Next Generation
March 18, 2016

Mashfords’ workplace pension adds value for staff

Case study fact file:

 
• Boat builders and repair Company
 
• Cremyll, Cornwall
 
• Scheme provider: Royal London

 

• 31 members of staff

 

 
 

Mashfords is a boat builders and repair company in Cremyll, Cornwall. The majority of its work is commercial with some private clients.
The company employs 31 staff and was aware of its workplace pension obligation but as with many SMEs time was tight, and after receiving slow advice previously they contacted Steve Ansell. Steve was recommended to the company by a member of staff who was an existing client.

The staging date was originally 1st October 2015 and Mashfords deferred for the full 3 months to give the opportunity to assign a scheme so as not to complicate the company’s 2014-2015 accounts.

Mashfords chose to engage on Manning and Company’s Employee enhanced bespoke package and given the timescale initially they were enrolled by Steve onto a Mastertrust pension scheme which offered a good return.
Mashfords are now in the process of changing to a Royal London pension on Steve’s advice.

Implementing the scheme

Steve was able to sit with Mashfords’ employees individually and offer advice on their pensions. Staff have been helped to find old pensions, realise the pensions values and to assess if their schemes need to be moved into the current pension.
Advice has also been given to employees on life insurance policies and savings.
According to Mashfords this is independent advice their staff would not have sought otherwise.
As a result staff have found they have funds in pensions they were unaware of and this has added value for the employees.

Steve Ansell, IFA at Manning and Company said
As soon as Mashfords approached me it was clear that the turnaround was tight. There were only a few months to assign a workplace pension so I was able to make sure that they were compliant in the time frame with the view of looking for another scheme at a later date, which we are now in the process of doing.

Rhyan Gaulton of Mashfords said
The help from Steve was superb. We feel we would have missed our staging date had it not been for his advice and quick work. It was an easy transition because of the guidance from Steve and the assistance provided by him.

To find out more about company pension schemes, and for guidance regarding your responsibilities under the new pension regulations, get in touch with Manning and Company today on 01752 837950.

15 Comments

  1. click here says:

    Post writing is also a excitement, if you know afterward you can write or else it is complicated to write.

  2. homepage says:

    Remarkable things here. I’m very glad to look your article. Thank you so much and I’m having a look forward to contact you. Will you please drop me a e-mail?

  3. I have read some just right stuff here. Definitely value bookmarking for revisiting. I wonder how much effort you put to make this type of fantastic informative web site.

  4. Cela paternel levant ravi!! Enfin 1 vendeur en compagnie de human hair weave https://www.youtube.com/watch?v=koiFnDsfNPU qui calcule les frais d’envois au droit!

  5. homepage says:

    What’s Taking place i am new to this, I stumbled upon this I have discovered It positively helpful and it has aided me out loads. I hope to contribute & assist other customers like its aided me. Good job.

  6. homepage says:

    Tremendous issues here. I’m very happy to peer your post. Thanks so much and I am looking forward to touch you. Will you please drop me a mail?

  7. fifa 18 says:

    It’s very effortless to find out any matter on net as compared to textbooks, as I found this paragraph at this site.

  8. click here says:

    Thanks for every other excellent post. The place else could anyone get that kind of info in such a perfect approach of writing? I have a presentation subsequent week, and I’m on the search for such info.

  9. Thank you a bunch for sharing this with all folks you actually understand what you are speaking approximately! Bookmarked. Kindly also seek advice from my site =). We may have a hyperlink trade contract among us

  10. myblog says:

    Hi, i believe that i saw you visited my weblog so i came to return the want?.I’m attempting to in finding issues to improve my web site!I guess its adequate to use some of your ideas!!

  11. mink lashes says:

    Just desire to say your article is as amazing. The clearness in your put up is simply spectacular and i could think you are knowledgeable in this subject. Well with your permission allow me to take hold of your feed to stay updated with drawing close post. Thank you one million and please carry on the enjoyable work.

  12. my blog says:

    I am regular visitor, how are you everybody? This piece of writing posted at this web page is truly good.

  13. Hello, i think that i saw you visited my site thus i came to “return the favor”.I’m attempting to find things to improve my web site!I suppose its ok to use a few of your ideas!!

  14. Please let me know if you’re looking for a author for your site. You have some really good posts and I feel I would be a good asset. If you ever want to take some of the load off, I’d absolutely love to write some content for your blog in exchange for a link back to mine. Please send me an e-mail if interested. Regards!

  15. click here says:

    Woah! I’m really loving the template/theme of this site. It’s simple, yet effective. A lot of times it’s hard to get that “perfect balance” between user friendliness and appearance. I must say you have done a very good job with this. Additionally, the blog loads super quick for me on Opera. Superb Blog!

Leave a Reply

Your email address will not be published.