Department-store chain House of Fraser has partnered with
corporate pensions, risk and healthcare service provider Johnson
Fleming to deliver a new Aviva group personal pension (GPP) for
its 7,000 UK employees.
The new scheme was introduced in July 2012 following a thorough
review of the company’s pension arrangements and coincided with
the closure to future accrual of House of Fraser’s defined
benefit (DB) scheme at the end of June 2012.
“Targeting key messages to different groups of employees is
important as we are rolling the new scheme out over several
months,” says Suzanne Willshire, House of Fraser’s pensions
manager. “Employees who were previously members of our DB
schemes were invited to join first. Those who were in our
stakeholder scheme are being invited to join now and we will then
move on to new employees. Our autoenrolment population, which is
over 6,000 staff, will be the final group and we intend to enrol
them ahead of our staging date.”
To enable employees to manage their retirement planning online,
House of Fraser developed a bespoke pension microsite.
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