• Press releases
  • Caravan and Motorhome Club hitches pension arrangements to Standard Life
  • Over 1100 members successfully transition to Standard Life contract based GFRP arrangement

Standard Life, part of Phoenix group, has successfully completed the transition of the Caravan and Motorhome Club pension scheme with over 1100 members moving to a new contract-based arrangement, the Standard Life Group Flexible Retirement Plan.

The appointment of Standard Life follows a competitive RfP with Foster Denovo Secondsight advising and included an on-site visit to Standard Life’s Edinburgh head office as part of the rigorous selection process.

Gail Izat, Managing Director for Workplace at Standard Life said: "Both our organisations have undergone significant transformation in recent years with an emphasis on developing our capabilities, investing in our propositions and digital services. With a predominately remote workforce, communication is key to employee engagement and experience for the Caravan and Motorhome Club. We worked hard to demonstrate how our own values and culture are closely aligned to those of the Club, from a focus on sustainability through our investment strategy to the added care and support we provide to scheme members to promote greater levels of understanding and financial wellness. Having worked in partnership to deliver a seamless transition for members, we now look forward to developing a close relationship, helping them as they save for their financial futures."

Sarah Reynolds, Pensions Manager, at Caravan and Motorhome Club, said: "Introducing a new pension provider to employees comes with high stakes, with a successful transition setting the tone for things to come. The importance of getting it right for our organisation can’t be underestimated. The team at Standard Life lived up to their promises, exceeding our expectations with the implementation going extremely smoothly due in no small measure to the wrap around support they put in place. We could not have been more impressed with how they delivered the transition, including the bulk transfer of assets, reinforcing the decision we made when selecting Standard Life as our new pension provider."

ENDS

Enquiries

Darragh Leeson
Standard Life
07707 270 001
darragh_leeson@standardlife.com

Nikki Nichol
Caravan and Motorhome Club
07771 834443
nikki.nichol@camc.com

About Standard Life 

  • Standard Life is a brand that has been trusted to look after peoples’ life savings for nearly 200 years
  • Today it proudly serves millions of customers who come to Standard Life directly, through advisers and through their employers’ pension scheme.
  • Standard Life is part of Phoenix Group, one of largest long-term savings and retirement businesses in the UK. We’re proud to be building on nearly 200 years of Standard Life heritage together.
  • Our products include a variety of Pensions, Bonds and Retirement options to suit people’s needs, helping our customers to invest and save for their future. We’re proud to offer a leading range of sustainable and responsible investment options.
  • We support our customers on their journey to and through retirement with comprehensive, easy-to-understand guidance so they can invest in the right way for their needs and plan a future they feel confident about.
  • Standard Life is the proud headline sponsor of Race for Life, Cancer Research UK’s flagship fundraising event series.

About Caravan and Motorhome Club

  • Championing and helping its members get more from the great outdoors, whether glamping or touring, the Caravan and Motorhome Club represents the interests of over 1.1 million caravan, motorhome, campervan and trailer tent owners across the UK. With over 117 years of knowledge and expertise, the Club has a wealth of experience and prides itself on offering great value and high-quality campsites for tourers and glampers.
  • Caravan and Motorhome Club membership is £66 per year and provides members with access to over 2,700 quality campsites across the UK and Europe. As the UK’s No. 1 rated touring club* it makes sure members get the most from their membership, saving them money with great value offers whether touring or at home.
  • The Club also offers a range of escorted European tours which are protected by ABTA. Plus escorted and independent tours in Australasia, North America and Southern Africa which are also fully protected, either by ABTA or ATOL when a flight is included. All members can take advantage of expert advice, overseas travel services, cover and insurance and exclusive member offers and discounts. *As rated on Trustpilot

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