Pensions are a significant portion of your expenditure. So it’s crucial you have a workplace savings arrangement that not only provides effective pathways for employees to save, but also motivates them to invest in their future.
Investing in your people’s future financial security
Pensions are a significant portion of your expenditure. So it’s crucial you have a workplace savings arrangement that not only provides effective pathways for employees to save, but also motivates them to invest in their future.
That’s why we adopt a personalised approach that caters to the unique needs of your business. We assign you a dedicated pension consultant who oversees your arrangement, ensuring a smooth process and solutions customised to your organisation and people.
As your trusted partner, your specialist will support you with pension-related queries, keep you informed of legislative changes, help ensure compliance with regulations, and optimise the management of your workplace saving arrangement.
Your pension plan works best when your people fully understand their pension and the commitment you are making to them. With Lockton by your side, you’ll have expert support that empowers your people to make the most of their pension, no matter where they are on their savings journey.

Our solutions:
Pension consultancy and support
Pension governance
Provider selection
Auto enrolment consultancy
Salary exchange
Employee education and engagement
Pension - member communication
Mergers and acquisitions (M&A)
New company set-up
Financial Wellbeing
Discover how our Pensions and Workplace Savings team can help you support your people’s futures
Our Pensions and Workplace Savings Team
Tom Klinkenberg
Head of People Solutions UK
thomas.klinkenberg@lockton.com
+44 788 045 6398
Debbie New
Senior Pension Consultant, VP
debbie.new@lockton.com
+44 7810 591916
Rosalind Smillie
Senior Pension Consultant, AVP
rosalind.smillie@lockton.com
+44 7917 524654
Mark Hathaway
Pension & Workplace Savings Lead
mark.hathaway@lockton.com
+44 73 8511 6978

Get in touch
Pensions and Workplace Savings FAQs
What is a pension Salary Exchange/Sacrifice?
Pension Salary Exchange offers several benefits to employers and employees:
Employers save on National Insurance Contributions as these are based on the employee's lower salary after the pension contribution.
It can make the overall benefits package more attractive to employees, aiding in employee retention and recruitment.
It provides a salary exchange option that demonstrates an employer’s commitment to their employees' financial wellbeing, while enhancing employee engagement.
Employees will save on National Insurance and tax because their income is reduced by the amount they exchange for an employer pension contribution. Higher-rate taxpayers no longer have to reclaim the higher-rate relief through self-assessment.
Salary exchange may not be suitable for everyone. Our consultants take into consideration various factors – such as the national minimum wage – and assess the suitability of salary exchange based on the specific demographic.
How can an employer support higher earners in the business who are impacted by the Tapered Annual Allowance?
Our experienced consultants work with organisations to offer bespoke/alternative contribution basis to meet the needs of your employees and the business, whilst you maintain your pension employer duties.
What is automatic enrolment?
Under automatic enrolment, all UK employers are legally required to set up a workplace pension, enrol certain employees into it and contribute towards their pension savings. It is designed to ensure more workers have access to a workplace pension scheme enabling them to save towards their retirement.
We work with you to ensure all eligible employees are automatically enrolled and appropriate contribution level requirements are chosen based upon legislation.
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