19th October 2005
Cullen goes extra mile for new transport client

Success ‘highlights shortcomings’ in some company pensions support

Leading logistics company, Brit European Transport Ltd has appointed Cullen Financial Planning to take over the management of its company pension scheme, prompting an immediate 50% increase in employee take-up.

Cullen has overseen the transfer of the company’s existing contributory pension plan into a new scheme with Friends Provident, in the process encouraging over 100 staff, almost two-thirds of the company’s total clerical, administration and driver workforce, to sign up.

Brit European, based in Crewe, is a leading pan-global provider of logistics solutions in automotive, bulk liquids and contract distribution. Its Financial Accountant, Barry Lawton believes the success of the new pension scheme is not just a ringing endorsement of Cullen’s commitment to customer service, but serves to highlight the shortcomings of some other, more established pension providers.

“We were very dissatisfied with the way our previous advisers – a major national organisation – managed our pension scheme, and the lack of regular contact and advice our employees were able to receive.

“However, Cullen’s professional, pro-active approach has been very refreshing, even going the extra mile to contact all staff, including many of our drivers out on the road, to discuss details of the pension plan with them.”

Cullen director, Shaun Moran believes Brit European’s experience is not uncommon. “We’re increasingly finding organisations, often SMEs, who are still keen to offer company pension schemes but find there is a lack of quality information, consultation and advice available.

“At a time when there is so much concern and uncertainty over pensions, it’s imperative that both employers and employees have confidence in the advice they are being given, and are kept fully informed on the details and performance of their own scheme.”

Cullen Financial Planning, based in Stockport, is one of the leading firms of independent financial advisers in the North West, with a large team of qualified advisers who specialise in all aspects of retirement planning.

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