Defined Contribution breakfast briefing
13 March 2012 8:20AM

Is your DC scheme fit for purpose?

The benefits members receive when they retire from a DC scheme are not guaranteed - they will depend on members' choices about how much to save, how to invest their funds and how to take their benefits. The Pensions Regulator is encouraging employers and trustees to review their DC arrangements and put in place suitable mechanisms to oversee them on an ongoing basis.

This session will take a practical look at the action you should be taking including:

• Communications to members - how well do your employees understand and appreciate your scheme?
• Contribution structure - will your scheme meet the auto-enrolment requirements and how members can reasonably estimate the level of benefits they might expect?
• Investment options - how confident are you that the fund choices address the risks members face?
• Provider review - what kind of service do members receive?
• Managing risks - how can you minimise the operational risks of your scheme?

This briefing is appropriate for Chairman of Trustees, Trustees, HR Directors and Pension Managers.