KPMG's breadth of expertise is already being drawn on to advise clients on several issues. These include the potential implications for scheme design, member communications, liability management plus defined benefit (DB) and defined contribution (DC) investment.
To help employers and trustees to develop their responses to the changes in a structured way, we have also developed a new Budget toolkit.
Communication with employees is now vital, as the landscape in which they must take life-changing decisions has now dramatically altered. A sample communication, summarising the changes is available below.
For further information, to book a Budget workshop or to discuss employee communications, please get in touch.