If you’re with The People’s Pension, we’ll be here to help you along the way, from start to finish – from setting up a workplace pension scheme as an employer, to planning your retirement as an employee.
Introducing The People’s Pension
For over 30 years the B&CE Group, provider of The People’s Pension, has been providing workplace pensions to employers with transient, low-to-moderate earning workforces, both large and small.
In November 2011 The People’s Pension was launched to help employers comply with their auto-enrolment duties.
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 4 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 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.