Adviser Selection

Why adviser review is important

As your scheme needs change and the adviser market develops, it is part of good governance to assess your existing scheme service advisers and providers.  Our Adviser Selection services leverage our extensive market knowledge, independence and experience to help support you in this assessment efficiently and cost effectively.

What we can do to help

  • Benchmarking Review – helping you compare your existing service providers against their market peers.
  • Operational assessment – evaluating the operational efficiency of your current scheme service. This can include time spent with both in-house teams and outsourced providers to help develop the service to fully meet the long term needs of your scheme. We would look to deliver clear and measureable outcomes as a result of such an assessment.
  • Procurement – finding a new scheme service provider or adviser with the right people, ethos, systems, fee structures, location and size for you.
  • Outsourcing – moving from in-house administration brings additional challenges and we have specialist knowledge and expertise to help ensure these challenges are supported throughout the change.
  • Transition management – providing additional resources to help project manage the transition from one administration provider to another.

Whichever service you require, we can provide secure web-based documentation management so trustees and selected advisers can easily monitor the whole project.