About us

The People’s Pension is provided by B&CE. It’s a flexible and portable workplace pension, designed for people, not profit. With no shareholders, any surpluses are used for the benefit of our members.

The People’s Pension is not-for-profit

For over 30 years, B&CE has been providing workplace pensions to employers with transient, low-to-moderate earning workforces, both large and small. We have been operating a form of automatic enrolment for over ten years through our stakeholder product.

In November 2011 B&CE launched The People’s Pension as an additional product to help employers comply with their automatic enrolment duties.

The People’s Pension Scheme Annual report & financial statements 2015/2016 .pdf

A master trust

The People’s Pension is a multi-employer scheme with independent trustees and is operated on a not-for-profit basis. It’s a hassle-free, flexible and portable workplace pension designed for people, not profit. And it’s suitable for any organisation, large or small, in any sector.

It’s the largest private sector pension scheme in the UK with over 3 million people auto-enrolled and now provides pensions to people from all walks of life.

The People’s Pension was the first master trust to report on its governance and administration arrangements in accordance with the Institute of Chartered Accountants of England and Wales’ (ICAEW) new assurance framework for master trusts.

The People’s Pension Assurance Report .pdf

Pension Quality Mark

Pension Quality Mark (PQM) READY is designed to help employers identify a good multi-employer pension scheme or master trust and aims to promote best practice around charges and scheme governance.

The People’s Pension has gained the PQM READY standard in recognition of its low charges, clear communications and strong governance.

Member protection

The People’s Pension is an occupational pension scheme defined contribution master trust and therefore does not have a financial strength rating.

Its trust-based structure is intended to deliver a level of member security since the scheme’s assets are kept quite separate from creditors in the event of failure of any party.

See our awards and ratings »

Visit the B&CE website »

Page Options: