Workplace pensions administrator/consultant
Provide information on in-house pension schemes or externally to pension clients of the organisation
Workplace pensions administrators and consultants provide information on in-house pension schemes or externally to pension clients of the organisation. Neither role provides financial advice. As an administrator, you’ll manage the day-to-day operation of workplace pension schemes. You’ll produce quotations and set up benefits for members. You’ll also maintain workplace pension scheme cash books, collate information and draft administration reports, and respond to enquiries from members, including fund valuation requests. As a consultant, you’ll provide specialist client support, including governance, strategy and management. You’ll act as a subject matter expert to pension scheme sponsors and trustees, pulling together the many complex and interrelated areas of pensions regulation, strategy, implementation and governance. You’ll work with appointed legal advisers, actuaries, investment advisers, auditors and regulatory bodies, and assist with communications to members, complaints management, project management, negotiations with sponsoring employers, and governance.
Duration: 18 months
Relevant school subjects: Maths and business studies
Entry requirements: Depend on employer
Achievement upon completion: Level 3 (Advanced)—equivalent to A-levels
Potential salary upon completion: £28,000 per annum
Find out more: www.apprenticeshipguide.co.uk
