Overview
Your compensation is your livelihood, not just today, but tomorrow as well. We strive to equip you with sound financial features and a retirement you can look forward to.
As a Fisher Investments Europe employee, you have the additional benefit of a generous subsidised and tax-efficient way to provide for your retirement income through our retirement pension plan.
Youโre eligible to receive a company contribution to your pension account of up to 14% of your base salary each month. Hereโs how:
- Automatic company contributions โ Even if you do not contribute to the Plan yourself, you will receive 9% of your base salary paid into your pension from Fisher, just for being enrolled in the pension.
- Matching contributions โ If you would like to make contributions from your base salary, Fisher will take your savings even further and match your personal contributions up to 5%!
Enrolment and Contributions
Joining the Pension Plan is easy. Automatic enrolment makes it effortless for you to take advantage of the company pension scheme and the contributions Fisher makes to your account. You may also enrol yourself through Workday* if you haven’t been automatically enrolled. After enroling, you will receive your membership packet in the post.
Once you’re enrolled, Fisher Investments Europe automatically contributes 9% of your base pay towards your pension. To take your savings further, you can make your own contributions, and Fisher Investments Europe will match these contributions up to 5%.
When can you make changes?
You can change your Pension Plan contribution percentage at any time each month. Any changes you make will come into effect the following month.
*Accessible on Fisher systems
There are two ways you can contribute to your pension:
-
Salary Sacrifice
-
Non-Salary Sacrifice
Salary Sacrifice
This option allows you to lower your tax liability by way of sacrificing (or exchanging) a percentage of your base salary pay. Fisher will then make the full contribution (i.e., your sacrificed portion plus Fisher match) on your behalf.
Non-Salary Sacrifice
This is your default contribution method. This is what the HMRC refers to as โrelief at source,โ meaning that both you and Fisher make contributions. These contributions are made after tax with national insurance contributions (NICs) deducted from your base salary pay. The tax relief is made at the pension provider.
Get Started
Visit the Legal & General portal to set up your online pension account, update your personal details, select your beneficiaries, view your fund balance and make fund selections.
Fund Information
Your contributions will be automatically invested in the pension schemeโs default investment option, but you can choose how to invest the money in your retirement account with a wide variety of investment options, which include investment funds and lifestyle profiles. Learn more about your pension.
Whatโs the difference between a fund and a lifestyle profile?
- A fund is a pooled investment in which people invest their money in the hope of increasing, or protecting, its value. A fund manager chooses where your money is invested and aims to ensure that the objectives of the fund are being met. There is a variety of types of funds. Some invest in equities, others in bonds and cash. You can select several investments to create a personalized investment strategy.
- A lifestyle profile is an investment strategy that automatically moves your money into less risky funds over a period of time in order to protect your savings as you get closer to retirement. In most cases, a lifestyle profile will also invest your savings in funds that reflect the way you want to take your money when you get to your selected retirement date, such as taking regular income or cash lump sums. If you choose a lifestyle profile, you wonโt be able to select any other investments. You will select one lifestyle profile to align with your expected retirement time frame.