We can assist you in providing full pension advice to your credit union and individual staff members.

The benefits of moving the management of your group pension scheme to Lucan District Credit Union are:

• Full review of existing charges on your current scheme with a view to saving your credit union money.
• Full review of pension benefits provided in your existing scheme and advice on how this may be improved.
• Face-to-face sit down with each staff member, initially to provide them with information on their retirement planning and pension fund, and ongoing advice on their pension funding.
• Staff members will have a contact should they have queries about their pension fund or if they would like to arrange an appointment to sit down with the Financial Advisor.
• Advice on the upcoming auto-enrolment and how this may impact your credit union.

Staff retention can be difficult in the current environment. Employee benefits can be an excellent way to retain your key staff. It might be time to review the current benefits you offer staff and see how this can be enhanced. You may even save your credit union money by getting your current schemes reviewed. Benefits include:

• Permanent Health Insurance - to cover a percentage of employee salaries when they have been out sick for a specified period of time.
• Death in Service - Life assurance to provide a benefit to the next-of-kin of employees should they pass away while in service.
• One-to-one financial advice on their pension funding and other financial services.
• A contact number if your staff members have any queries about their pension funds or need financial advice.

Why not take this a step further and offer complimentary financial services to your members. You can also earn commission for your credit union from every referral that turns into business.

There is no need for your member to join our credit union. They will remain your member.

How this works:

1. You sign the introducer agreement.

2. Our Financial Advisor will meet with staff and outline how he provides a service to members and the products he can provide.

3. We launch Financial Services to your members. This will include the roll-up banner for your office(s), flyers for your banking hall(s), and contact cards for members to complete.

4. Contact information is forwarded to our Financial Advisor and he will contact them to make an appointment.

5. Should the meeting result in new business, we will pay your credit union commission per the introducer agreement, on receipt from the life company.

See sample introducer agreement below.

Sample Introducer Agreement Financial Services