DC consolidation and beyond
Andy Parker, of BW's Employer Consulting team, discusses DC consolidation and transition in this on-demand webinar.
Considering making changes to your pension scheme arrangements in light of the new government guidance? Hear first-hand experiences from a Pensions Manager who has been through a successful transition and from a leading pension provider to understand what post-transition services should look like.
What you will learn
As many trustees start to grapple with the new requirements for Value for Members (VFM) assessments and chairs’ statements, you may be asking a number of questions around the ongoing feasibility of continuing your current pension arrangement.
As a result and following on from the very strongly worded guidance from the Government and the Pensions Regulator, you may then consider moving from your current pension arrangement to a new one.
In this webinar - available to watch now - we explored this drive to consolidation.
Firstly, Andy Parker touched briefly on the work Barnett Waddingham is undertaking with clients to make sure they meet their compliance responsibilities for the governance of their trust-based schemes.
We then heard from an employer who has been on the journey to change pension arrangements, to help us all understand what was important in making the decision to change, and what process they followed to ensure success.
Richard Taylor, the Pensions Manager at Schneider Electric, talked to us about his experiences and the lessons learned from the changes Schneider have made to their DC pension arrangements.
We also heard from Tony Pugh, Head of DC Product EMEA at Aon, who gave us an insight into the expectations a client might have of their new master trust after implementation.