Global Connections member agencies and churches are able to make pension provision for their UK staff and overseas workers through two separate schemes:
- For UK employed staff, an auto enrolment and NEST compliant multi-employer Group Personal Pension Plan operated by Zurich Assurance Ltd
- For overseas workers, an offshore Retirement Plan held in Trust by Zurich International Life
The UK pension plan is known as the Global Connections Group Personal Pension Plan. It offers auto enrolment with each organisation having its own payment point. There is online access for organisations to administer the payments and for individuals to see their pension fund at any time. Consortio Wealth Management is also able to offer advice for those who are self-employed.
The scheme for overseas workers is called the Global Connections International Retirement Benefit Plan. Again it provides for each organisation to have its own payment point. There is online access for organisations to administer the payments and for individuals to see their retirement benefit investment at any time.
For further information about either scheme, contact the schemes' advisors Consortio Wealth Management. Telephone 01943 811031 or visit www.consortiowm.co.uk (Consortio Wealth Management is a trading name of Prosperitas Financial Solutions Limited which is authorised and regulated by the Financial Services Authority)
Previously Global Connections offered a money purchase scheme under a Trust set up by the EMA for UK workers and an benefits scheme for overseas workers, also under Trust. With changes in pension laws, these schemes are no longer available to new members. The latest accounts for the UK scheme (end Mar 2012) and EMA pension trustees report (end Dec 2010) are available for donwload below.
