About The People's Pension

What type of company will you accept?

We’ll accept any company with one or more employees.

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What is the charge cap?

The charge cap is a government-set limit. It’s the annual amount that can be charged to savers in default arrangements within defined …

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How will Brexit affect my pension savings?

Brexit isn’t likely to significantly affect UK-based occupational pension schemes like The People’s Pension. This is because UK-based occupational schemes …

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What is master trust authorisation?

Master trust authorisation is overseen by The Pensions Regulator. It will help ensure that master trust pension schemes (like The …

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What’s a data controller and data processor?

A data processor is anyone (other than an employee of the data controller) that processes personal data on behalf of …

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What are my employees being charged?

There is an annual management charge made up of 3 elements: a management charge of 0.5% of the value of …

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What does your automatic enrolment solution include?

We offer 2 routes for employers that want to join us, a fast track sign-up route called Simply Comply and …

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How much do you charge employers who sign up to The People’s Pension?

The employer set-up charge is £500 plus VAT. There’s a reduced charge of £300 plus VAT for those who sign …

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What type of pension scheme is The People’s Pension?

The People’s Pension is an occupational pension scheme. It isn’t a personal pension, group personal pension or stakeholder scheme.

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Would The People’s Pension be classed as a money purchase scheme? Is there a difference to a defined contribution scheme?

Yes. The People’s Pension would be classed as a money purchase scheme. There’s no difference between defined contribution and money …

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