Mills and Reeve to consolidate pensions and switch providers ahead of pension reforms

Mills and Reeve plans to consolidate its stakeholder and group personal pension (GPP) schemes into one GPP, has switched its pensions adviser, and will offer its 800 staff a pension modelling tool ahead of the pension reforms.

The law firm is reviewing its schemes, which have take-up levels above 90%, in conjunction with Thomsons Online Benefits, with the aim of ensuring auto-enrolment compliance ahead of its October 2013 staging date.

It has also switched pensions adviser from Noble Johnson to Thomsons, which has supplied its total reward statements, flexible benefits scheme and online pensions technology since 2006.

From June, the firm and its provider will host pensions presentations, roadshows and pensions technology demonstrations.

Samantha Neaves, reward and HR information systems manager at Mills and Reeve, said: “We want employees to be engaged in their pension and not be scared of it.”

Read more about group personal pension (GPP) plans