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Jardine Lloyd setting up pension advice service

Employee benefits specialist Jardine Lloyd Thompson Financial Consultants is setting up a service aimed at giving individual advice on pension simplification to senior executives, partners and directors.

The service offers an audit of benefits and a report on whether action is necessary and when it should be taken. The basic audit is available online for a fixed fee of £750 to £1,000.

A report is then produced which will provide a full valuation of all benefits from existing and past schemes.

JLTFC says there is a need for the service in the runup to A-Day because most employers and trustees are not in a position to advise employees whether they should take action in advance of the changes.

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