How it works
Guided by a belief that saving for the future shouldn't be complicated
We’ve kept things simple. Our employee savings plan is designed to be straightforward to implement and easy for employees to understand. No hidden costs, and absolutely no complexities. Employees simply save directly from their salary before it reaches their bank account.
Crucially, the money always belongs to the employee and is held in their name. As an employer, you’re just helping to make it work, without any visibility of individual saving balances.
As a regulated entity, JTC administers the product through a master trust arrangement. Employees’ assets are held securely by leading global custodians, Northern Trust and State Street. Savings are then invested into diversified funds managed by BlackRock, one of the world’s largest asset managers.
Watch our team explain how the savings plan works
Watch how the Rossborough Financial Employee Savings Plan helps turn regular contributions into long-term progress towards life’s important milestones.
Here to keep their assets secure
The standout benefits of the plan
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Flexible contributions for each employee
Employees will decide contribution amounts, adjusting them as circumstances change. -
Salary deductions make saving easier
Contributions come directly from salary each month, helping employees save consistently. -
Stay on track and adapt savings as needed
Employees can track progress at any time and adjust contributions as circumstances change. -
Easily access savings when they’re needed
Employees' savings can be accessed monthly, with one withdrawal permitted each year. -
Encourage steady, long-term saving habits
Our savings plan supports long-term saving and discourages frequent withdrawals. -
All-in-one app for managing finances
Members can use the My JTC app for tools, education, articles, and self-service features.
An easy onboarding process with minimal ongoing administration
After our initial conversations, you will join the scheme by signing a deed of adherence to become a participating employer. Once set up, you simply upload a monthly pro forma spreadsheet to the trustees, outlining salary deductions for the savings plan in a process similar to pension contributions.
Any changes to employee contribution levels are updated as needed, with otherwise minimal ongoing administration.
Joining is just as simple for your employees: once you provide their details, they’ll be sent a link to complete an online application to open a personal account within the platform, and they’ll receive secure platform login details electronically. The process is designed to be light-touch, removing the need for additional paperwork, account opening forms and initial set up fees.
An effortless workplace savings plan
Support staff wellbeing, improve retention, and offer a valuable staff benefit, all while helping employees build financial security and save for costly life events. The Rossborough Financial Employee Savings Plan is a professionally managed, low-cost corporate savings solution powered by BlackRock.
News and insights
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- Rated highly by businesses of every size
- Designed to improve employees' wellbeing
- Partnered with one of the world’s largest asset managers