The Pensions Regulator’s (TPR’s) Guidance encourages employers to involve themselves more closely in the monitoring of Group Pension Plans. It provides support to employers who offer a contract-based defined contribution (money purchase) pension scheme by:
- identifying ways in which they might choose to be involved in the governance of the scheme;
- considering employer engagement options, for instance by involving advisers, employer representatives, employees, management committees and trustees in reviewing the operation of the scheme; and
- describing the specific functions an employer may like to consider for review.
View the guidance (102KB)(pdf)