ICE exists to make things easier.

ICE is the ideal way to run frozen final salary schemes, (but can be just as effective for closed and open schemes). Where a sponsor has moved from a final salary approach their legacy scheme(s) can become a costly overhead, detracting attention from future pensions provision.

A frozen scheme will ultimately be wound-up - but in the current economic climate this could be cost prohibitive with a debt on the employer arising.

ICE is designed to reduce the burden of legacy schemes, and to manage scheme solvency. It is easy, efficient and simple.

• ICE eliminates most of the paperwork of the traditional scheme administration process.
• ICE greatly reduces the current management overhead by automating as much of the process as possible.
• ICE mitigates the need for regular review meetings with advisers, and so reduces the associated expenses.