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Appointing Cheviot

Moving to Cheviot is very simple. Once Cheviot Trustees are appointed, we manage the transition. We produce regular management reports so that employers keep in touch with the scheme without having to manage it.

Your Members

We will write to all of your members to explain that Cheviot will now be looking after the Scheme and they will be given full details of whom to contact if they have any queries either now or in the future.

Your members will receive a personal service from our team of knowledgeable and helpful administrators. We know that members value being able to speak to the same administrator on a regular basis and we try and facilitate this wherever possible.

We will take over your pensioner payroll from a mutually convenient point in time and will work with your existing providers to ensure this move goes smoothly. We will carry out test runs to ensure the first and successive payments are on time and accurate.

Your Advisers and Providers

Cheviot Trustees Ltd will give the required notice to your advisers and handle the transfer of all services to Cheviot’s own advisers.

Your Investments

With advice from our investment advisers, we will arrange the transfer of your Scheme’s assets into Cheviot’s investment funds which are held on an investment platform with Mobius Life. Where possible, transfers of assets will be made in specie to keep costs to a minimum.

Any additional voluntary contribution arrangements will normally be left in place although members are given the option to transfer into the Cheviot pension (our award winning defined contribution plan).

Cheviot Trustees Ltd will consider the investment strategy for your Scheme in light of the options available through Cheviot and adjust the strategy if necessary. This will be reflected in a revised Statement of Investment Principles which will be discussed with the employer.

for more information on Cheviot's total management service:
01702 354024

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