The Pensions Regulator is undertaking a significant amount of activity in the regulation of defined contribution (DC) benefits. Trustees know that they need to focus on DC governance but it can be difficult to pull everything together. We help clients to understand the code and the regulator's guidance, and put in place best practice.
We work with trustee boards to carry out a gap analysis of scheme procedures, documentation, capabilities and effectiveness as required under the code.
We highlight areas of excellence and demonstrate compliance using our award winning scheme extranet. Working with Trustees, we can develop an agreed business plan that helps deliver scheme specific improvements and training.