How we stack up
We’ll help you cut through the noise and identify what’s truly important for your clients
Demonstrating value for members
While it’s difficult to give a precise legal definition of ‘good value’, there are a couple of guiding principles we can all adopt to guide us in evaluating if a scheme provides value for money.
- Value for money doesn’t mean being the cheapest, but it does mean that charges are reasonable. We believe our Annual Management Charge (AMC), with its rebate, is reasonable.
- The long-term performance of the investment options should also be taken into account, and we feel we compare pretty well with the market in this respect.
- The decumulation options are another factor, and with UFPLS and FAD available – along with more options to come – our members are well served here.
Communications and support
- The quality of member communications should also be taken on board, and as members of the Plain Language Commission, we’re confident our communications platform helps our employers to effectively communicate with their employees about The People’s Pension.
- Digital offering, of course, has a role to play when communicating. With us, members can keep track of their savings online.
- But let’s not forget, not everyone wants to interact with their pension online. Some like to have a good old chat, and that’s where our UK-based contact centre comes to the fore.
Guided by our values
We understand people by putting ourselves in their shoes.
We create simplicity by stripping out complications and removing obstacles.
We keep our promises by always doing what we say we’ll do.
Switching due diligence
We appreciate that switching schemes is a big deal for some employers, and they’ll want to see that you’ve considered lots of different factors when you’re showcasing the best options for them.
We’ll do the leg work for you and will provide as much information about ourselves that we’re allowed to release during the tender process. Put us to the test and you won’t be disappointed.
We’ll work with you to understand your client’s needs. See our webpage for employers about switching pension provider.
Master trust comparison
Our handy comparison table gives you an at-a-glance view of how 4 auto-enrolment master trusts measure up.
View Comparison table