Virgin Employer Pensions - We set up, run and promote the scheme for you free of charge

Tell me more about the Virgin Pension Scheme

If you are looking for someone to set up and run your business’ pension scheme, then the Virgin Pension Scheme could be just what you are looking for, and we can help inform your employees about it.

• With a Virgin Pension it is easy
• It is a cost-effective way to attract and retain staff

Tell me more about the Virgin Pension Scheme

With a Virgin Pension Scheme it is easy

Stakeholder pension schemes cut out the unnecessary expense and complexities of other occupational schemes.

All you have to do is collect the money from payroll and send it to us each month.

There is a 1% annual management charge, which is taken from your employees' individual pensions.

We’ll take care of the rest, keeping your desk free of paperwork and without charging you a penny.

Please note the contributions are tied up in your employees' pensions until they are entitled to claim their benefit.

Tell me more about the Virgin Pension Scheme

It is a cost-effective way to attract and retain staff

Offering a company pension is a cost-effective way to attract and retain staff, while offering a clear and useful benefit for your employees.

This is because of the tax relief on pension contributions offered by the Government, to encourage people to save for their retirement.

Tax relief is currently set at 20%, and more for higher rate taxpayers. On top of this, pension savings can grow virtually tax free over the years*.

*Apart from any tax on dividend income from UK shares, which we can't reclaim.