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how schemes are run

Most public sector schemes were set up by Acts of Parliament. They are known as statutory schemes and have their own rules. We do not cover them here.

Other workplace schemes may either be “occupational” or contract-based. Occupational schemes are run by trustees.

  • Who runs occupational pension schemes?  more...
  • Should employees be represented on boards of trustees?  more...
  • How are public sector schemes governed?  more...
  • What is a pension fund 'surplus'? What is a 'contributions holiday'  more...
  • What is a scheme deficit?  more...
  • are all workplace schemes run by trustees?   more...

further information