Introduction

Key points

Workplace Pensions provide an easy, tax-efficient way to save for your future.
Trafalgar’s workplace scheme is a Group Self-Invested Personal Pension (Group SIPP). This means that each member has their own individual Personal Pension Plan, operated by the same pension provider, which are grouped together for administration purposes.

The Group SIPP is fully compliant with auto-enrolment pension legislation, which means that:

– you must be enrolled into the scheme at the correct time
– a minimum level of contributions must be paid, by you and your employer
– your money is placed into suitable investments by default
– the costs must not exceed a specified maximum amount

Trafalgar’s scheme meets all of these requirements, but it also has a range of additional benefits not usually found within a workplace pension, including:

– a higher level of personal control
– greater financial protection
– a wider choice of investments
– additional contribution options

If you have any questions about the scheme, please contact Digi at: gsipp@digitalwealthsystems.co.uk.