ASPIRE to retire launches site to help employers communicate new pension freedoms

Retirement specialists ASPIRE to retire have re-launched their online retirement portal, iASPIRE so that Employers and Trustees can effectively communicate the new freedom and choice pension changes to their members.

Retirement specialists ASPIRE to retire have re-launched their online retirement portal, iASPIRE so that Employers and Trustees can effectively communicate the new freedom and choice pension changes to their members.

Rob Tinsley, Principal, states, “Many pension scheme members do not understand the new pension rules, therefore Employers and Trustees need an effective way to communicate the changes and to ensure their members receive good retirement outcomes.”

iASPIRE allows members to access information on all retirement income and cash options, including tax-free cash, further cash withdrawal, Annuities, Drawdown and where appropriate, blended solutions. Members can enter their specific details; including retirement savings from all their pension funds, not just their existing scheme.

Rob continues, “With even greater choice, the way communications are delivered becomes crucial. Interactive tools allow members to personalise their situation and project a vision of what their retirement will be like. Our Income Vs Expenditure graphs provide a visual representation of what extra funds are available after essential bills have been paid. If funds fall short, the member has the opportunity to review their plans – perhaps to continue working in some capacity, or reassess their outgoings. We provide information that allows members to compare different retirement solutions, including the tax implications of each, providing a clear insight into what is available and how each solution can work best for their needs.”

The service also includes videos, e-learning programmes and tailored e-communications.

Rob says, “Communication of the new pension changes is essential to ensure members are able to make informed decisions about their retirement. Our holistic service means Employers and Trustees can effectively deliver communications that appeal to every audience.”

Employers and Trustees wishing to view a demo of the iASPIRE portal should contact info@aspiretoretire.co.uk.