X CLOSE
X CLOSE
It's time to rethink exactly what good pension governance is because it's critical to the operation of an effective workplace pension scheme.
For today’s workplace pensions, a sound governance structure can mitigate risks, avoid costly litigation and enhance efficiencies. And perhaps most importantly, it can also help ensure good outcomes for you and your employees by bringing clarity and simplicity to a topic many find complicated.
"It is important that members have confidence that they are saving into safe and durable products capable of delivering good outcomes"
The Pensions Regulator
Read the ultimate guide to
good governance
A workplace pension scheme is a key part of your reward strategy, helping to motivate and energise your people.
Good governance helps you create a benefit that members engage with and value.
It enhances your wider reputation as an employer, helping you to attract the best new talent and retain existing talent.
It supports good member outcomes, giving your employees a route to retirement.
A robust governance structure helps you understand and adhere to current regulations and best practice.
It can enable your people to understand how much you value them. And how you’re investing in their future.
At its most basic, good governance helps members build savings. But, good governance offers much more too.
It can take employees on a journey, engaging and inspiring them to think about their financial future.
By giving them clear, practical information, they’re able to make the right decisions at the right times.
