Our DC Conference 2018 helped delegates put themselves in their members’ shoes. Focusing on understanding the experiences, challenges and thought processes of members to give a wider perspective, it aimed to enable them to make better decisions for their scheme.
If you were unable to attend the conference, or wish to recap on some of the key messages, you can view our series of bite-size 30 minute webinars that cover some of the key topics discussed.
Providing a good pension scheme for members isn’t just about establishing a solution that’s right at a given point in time. In a world where both legislation, products and most importantly of all member needs are constantly evolving, ongoing governance is vital to ensure DC arrangements remain suitable.
With reference to another case study, we looked at how a well-designed governance structure can prepare a scheme for future challenges that might arise. This includes:
- consideration of how governance fits into organisational philosophies
- member and likely outcome analysis
- tailoring strategy to the scheme membership
- wider benefit integration
- delivering change
- engagement strategies