There has been a significant rise in Defined Contribution (DC) pension provision through Group Personal Pensions (GPP) and stakeholder products and it is no less important to protect members and their benefits.
Whilst not governed under trust, members need to be protected using the same principles as are applied to trust based schemes, particularly in relation to scheme governance administration and investment.
Dalriada Trustees can provide a consulting and monitoring service for contract based schemes to ensure they meet the high standards expected of work based pension arrangements.