DC code
How-to guides
Guides
1. The trustee board
Includes guidance on appointing new trustees, role of the trustee chair, board composition and board meetings
2. Scheme management skills
Includes guidance on training, working with advisers and service providers, conflicts of interest and risk management
3. Administration
Includes guidance on working with your administrator, core financial transactions, record-keeping and disaster recovery and business continuity planning
4. Investment governance
Includes guidance on designing investment arrangements (including default arrangements), reviewing investment strategy and performance, and financial and non-financial factors
5. Value for members
Includes guidance on assessing value for members and restrictions on costs and charges
6. Communicating and reporting
Includes guidance on engaging with scheme members, providing member communications and preparing a chair’s statement
Scheme assessment and master trust authorisation
Check the quality of your clients' DC schemes so that you and the trustees can demonstrate to employers and scheme members that you're running a quality scheme which is more likely to deliver good retirement outcomes.
People running a master trust pension scheme are required to obtain master trust authorisation.
Guides
Checking you run a quality DC scheme
Guidance for trustees on assessing the quality of their scheme
Authorisation of existing master trusts
Guidance for trustees on how to obtain master trust authorisation