Whether plan change, high earners or encouraging employees to think about their level of savings, clear, concise and appropriate communications can add significant value to your benefit strategy. We can provide a full range of support, from member announcements through to online websites and modellers. Our mantra is keep it simple and to the point.
For a number of our DC clients we provide a suite of communication materials that can be used as part of a one, two or three year communication plan. Our materials include:
- member newsletters
- targeted information on a specific topic, for example investment choices or options at retirement
- workshops to enable employees to discuss their questions face-to-face.
We start by discussing with the client what their objectives are and then we agree the best communication plan to meet those objectives. From there we develop the appropriate materials and a timetable for issuing.
In the case of plan change, such as closure to future DB accrual, we have extensive experience of supporting sponsors as they explain to trustees and employees the reasons and implications of ceasing accrual. Effective strategies usually include a combination of written, verbal and online communication tools.
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