Employee benefits of corporate self-invested pension plans

Abstract

This paper is a high-level guide to corporate self-invested pension plans (CSIPPs) and looks at the key issues you need to consider in deciding whether they are right for your organisation. It covers design, communication, implementation and administration factors, and takes into account recent market and product developments. Topics covered include the following: (i) Changing world of work and attitudes to wealth creation; (ii) What is a CSIPP, and what are its advantages and disadvantages? (iii) Integrating CSIPPs into existing benefit structures; (iv) Developing a high-level CSIPP strategy to suit pensions objectives; (v) Investment strategy, advice and management considerations; (vi) Designing a new CSIPP to enhance and support developed strategies; (vii) Developing a communication plan that engages employees; (viii) Good CSIPP administration platforms, systems and other considerations when installing a CSIPP; (ix) Ten tops tips for choosing the right CSIPP partner. © 2009 Palgrave Macmillan 1478-5315.