Seymac’s pension scheme provides benefits without the burden

Case study: company pension scheme

posted 26 November 2012

Case study fact file:

• Marketing distribution company

• Redruth, Cornwall

• Scottish Life group personal pension scheme, with salary exchange

• 14 members of staff

• Implemented September 2012

Seymac Distribution plays a vital role in supporting Cornwall’s tourism industry. The company distributes marketing materials for over 50 tourist attractions across the county, handling millions of leaflets and information packs on behalf of its clients.

Since its formation in 1989, the company has grown strongly and now operates from its own 12,000 sq ft purpose-built premises.

Getting ahead of auto-enrolment

In April 2012 Seymac began to explore implementing a corporate pension scheme for its employees – despite the fact that the new auto-enrolment laws would not apply to Seymac until 2016. “We wanted to offer our staff the benefit of a pension sooner rather than later,” Managing Director Tina Seymour explained.

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