There’s a lot that goes into the running of a pension scheme, but the biggest factors which will determine what our members will receive when they come to retire fall under three main headings:
- time to retirement
- contributions paid
- investment returns.
We don’t have much control over the first two, but we do have a responsibility to make sure that the investment engine is working effectively to get the best return on the contributions that we hold on behalf of our members.
Our booklet explains how we do that. You can download a copy here.