Company Pension Schemes

5. Getting Help

5.1 Take professional advice from an employee-benefits consultant or financial adviser to assess different types of scheme.

• A company's agent or sales person will recommend plans from the company's portfolio or that of other partner providers, which they believe to be suitable. Independent financial advisers will search a variety of providers and recommend a suitable plan.
• Some will receive a commission if you buy from them, while others will charge a fee.
• Check with the Financial Services Authority that the company or adviser is regulated under the Financial Services Act (0845 606 1234).

5.2 HM Revenue & Customs can give guidance on setting up schemes to qualify for tax relief and provide help with obtaining approval.

5.3 Information on setting up a company pension scheme can be obtained from:

• The Pensions Regulator (0870 606 3636).
• The National Association of Pension Funds (NAPF) (020 7808 1300).
• The Association of Pensioneer Trustees (0131 624 8618).