Pension Scheme Governance

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Good scheme governance has always been important, but more so now than ever as The Pensions Regulator (TPR) requires you as an employer to make sure that your pension scheme is set up effectively, monitored regularly and delivers good outcomes for its members.

Governance

At LEBC, we work with you to help you meet the TPR guidelines for governance of your pension scheme and document that you are achieving ‘Good Member Outcomes’ for employees in your scheme.

At the same time, we will also ensure that you and your employees are getting the best possible value for money from all pension-related expenditure. An important part of this process is, of course, making sure that you are meeting all legislative requirements

We offer a range of governance options which can be tailored to suit your specific needs both in terms of the depth of the service we provide and the cost. We can also work on either a fully managed basis or on a specific governance task.

Examples of Our Governance Services

  • Drawing up a governance business plan to clarify tasks, responsibilities and target dates
  • Attending and chairing Governance Committee meetings as and when required
  • Conducting a review of key risks (internal and external)
  • Carrying out regular appraisals of provider performance in terms of administration and investment
  • Helping align members’ appetite for risk with scheme investment options

Complementary Services

Create your tomorrow today. Learn more about the wide range of services available from LEBC.

Create your tomorrow

LEBC have always been professional and proactive in their approach. They have established good rapport and confidence of our employees and I would have no hesitation in recommending them.

Corporate Client
Cumbria