DC Governance

The Pensions Regulator is paying increased attention to the governance of Defined Contribution (DC) schemes and it therefore follows that trustees and sponsors give it the corresponding focus it deserves. BESTrustees is experienced in working with Contract-Based, Trust-Based, Master Trusts, Independent Governance Committees and Governance Advisory Arrangements. We are able to counsel schemes in the main areas outlined by the Pensions Regulator, namely:

  1. How appropriate investment choices are made;
  2. Communication with scheme members;
  3. Administration and associated procedures; and
  4. Explanation to members of the scheme's options so that members are prepared to make good retirement choices