Secure the future of your employees
Secure the future
Prosperity Workplace Pension
The Prosperity Workplace Pension by Abacus is tailored to support employers in providing a trusted, high-quality pension scheme for their employees. Designed for small to medium-sized businesses, this ready-made solution offers the structure of a robust occupational pension scheme combined with cost efficiency and ease of administration.
Why Become a Participating Employer in the Prosperity Workplace Pension?
Hassle-Free Setup and Support
We handle everything, from liaising with your payroll team to ongoing administration, so you can focus on your business.
Flexible Contribution Options
Employers and employees can adjust contributions as needed, ensuring the scheme adapts to evolving financial goals.
Compliance Made Simple
Fully aligned with the Gibraltar Private Sector Pensions Act 2019, this solution ensures your business meets regulatory requirements effortlessly.
Streamlined Management
One set of rules, centralized administration, and seamless onboarding make managing workplace pensions straightforward.
Key Features at a Glance
Professional Governance
As trustees, we ensure the scheme is operated transparently and securely, always acting in the best interests of its members.
Customizable Investments
Members can choose from a range of professionally managed investment options or follow a default strategy designed for long-term growth.
Comprehensive Member Support:
Employees can access valuations, statements, and manage their details through a secure online portal.
Tax Efficiency
Employer contributions may qualify as tax-deductible expenses, and employees can benefit from tax relief on personal contributions.
Additional Benefits
Enhance your offering with optional group life and income protection insurance.
Benefits for Employers and Employees
For Employers
- Attract and retain top talent with a competitive benefits package.
- Simplify administration with a single monthly contribution and payroll integration.
- Enjoy peace of mind knowing your employees’ pensions are expertly managed.
For Employees
- Flexible retirement options, including up to 100% tax-free lump sums in Gibraltar.
- Transparent and easy-to-understand communications.
- Access to ongoing support and advice from our pension experts.
Partner with Experts You Can Trust
With over 50 years of expertise in wealth management and financial solutions, Abacus is committed to delivering exceptional service. From setup to ongoing management, we are your partners in retirement planning, ensuring your workplace pension scheme runs smoothly and efficiently.