We play a vital role in ensuring defined contribution pensions provide fair outcomes for members and employers and that HR teams and finance staff are well supported. We campaign for a regulatory environment which ensures good quality DC schemes flourish so members get the outcomes they deserve.
Over the last two years, our work has been pivotal in ensuring that all DC schemes could implement the Government’s ‘Freedom and Choice’ reforms and Better Workplace Pensions measures. We have helped our members throughout the country manage unprecedented levels of change to a tight timetable.
Our Defined Contribution Council oversees our work on all issues that affect DC schemes
- Ensuring savers benefit from the Government’s ‘Freedom and Choice’ reforms through better access and clear product standards.
- Helping schemes to focus on delivering good value to members and keeping down costs - particularly of UK and EU regulation.
- Understanding existing levels of retirement provision and encouraging higher saving with clear incentives to save and increased engagement.