Smart Pension

Smart Pensions

Significant savings in National Insurance, for both employer and employee, can be generated by converting existing pension schemes to salary sacrifice. (Or by setting up a new pension scheme on a salary sacrifice basis.) 

Employees also benefit from immediate tax relief at their highest marginal rate of tax - no need for higher rate taxpayers to claim through their tax returns, which many forget to do! 

As part of the Benefit Select platform, Smart Pensions gives employers a simple, online solution to managing or converting to salary sacrifice pensions. The module also gives employees highly valued flexibility in varying their own contribution levels, within agreed limits.  

Fair Care will happily work with your existing pension adviser to deliver this solution.

Why run a smart pensions scheme?

  • Save significantly on National Insurance, for both yourself and your employees.
  • Fair Care will work with your existing pension adviser to deliver this solution.

Benefits to organisations

  • Save on National Insurance

Benefits to employees

  • Save on National Insurance
  • Immediate tax relief at the highest marginal rate of tax
  • Flexibility in varying personal contribution levels

The Smart Pension Scheme is a flexible, tax efficient way of contributing to a pension fund.
Operating through salary sacrifice, you will save tax and national insurance on your contributions and also benefit from immediate tax relief at your marginal (highest) rate of tax.