myMoney
Pension Scheme
Workplace pensions – what is this? To help all of us to save for our retirement, auto-enrolment was introduced by the government. This means employers are enrolling their employees into a workplace pension as an easy way to help them start saving for the future. Rendall and Rittner will be using The People’s Pension as our workplace pension scheme for auto-enrolment. What’s The People’s Pension? The People’s Pension is a multi-employer, defined contribution occupational pension scheme that has master trust status. It’s run by B&CE, a not-for-profit organisation. With no shareholders, any surpluses made by B&CE are used for the benefit of members. The People’s Pension has more than 4 million members, making it the UK’s largest private sector auto-enrolment pension scheme.
Made with FlippingBook - PDF hosting