LCP, the financial, actuarial and business consultancy, has launched an interactive defined contribution (DC) pensions modelling tool to help employers with their auto-enrolment requirements.
The modeller allows employers to review the pension scheme design options that are available to meet the auto-enrolment obligations. Employers can input individual scheme and employee data in order to receive information which is relevant to their organisation.
Employers will also receive real-time information on their contribution costs and insight into issues such as staging dates and DC scheme design for trust or contract-based pension arrangements.
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