Next week (9 July) sees the start of the Great Yorkshire Show, one of the biggest dates of the year for the farming community and fans of the great outdoors.

It’s a time when like-minded people come together to showcase their wares and let members of the public sample their goods (and cause traffic chaos in and around Harrogate!).

The methods used in farming aren’t a million miles away from the way an employer looks after their workplace pension scheme.

First, you sow the seeds by enrolling the relevant employees into your workplace pension scheme.workplace-flower2

Then you fertilise that seed by providing engaging member communications to help them understand and nurture their retirement savings.

Then, at retirement, the employee reaps the benefits of looking after their pension crop by harvesting their savings and making hay while the sun shines!

A little corny (or wheaty!) sure, but just like farming, what you harvest at retirement really does depend on how well you’ve looked after your crop, and how many seeds you plant (i.e. how much you save – yes, you really do reap what you sow). Sure, there are some variables which are beyond our control, just like farming. Whereas weather and crop disease can affect the outcome for farmers, performance and charges can make a difference to pension pots. But take an active interest in your savings and you’ll give yourself the best chance of a bumper crop!

Why not let us come and ‘walk your fields’ and tell you what we think you could do to try and ensure the best crop for your efforts.

Contact the York team

Posted by Leon Farrar

Topics: Retirement, dc pension schemes, York

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