Supporting you to fulfil your regulatory duties

As an employer, you have a regulatory duty to make sure your employees are offered a fully compliant, fair, and strictly governed pension scheme, and we’re here to support you. 

Auto-enrolment

We have already helped many companies with their auto-enrolment, so can be relied on to make sure your pension arrangement meets all governance requirements. Our ongoing management reporting also delivers the information you’ll need to meet your day-to-day governance duties. 

Our tools and services support you in these mandatory duties, freeing you up to focus on activities such as member engagement and communications.

Data-driven governance

Embedded sustainability

We know that sustainable business practices make a difference to employers, and we take responsible investing seriously. The consideration of environmental, social and governance (ESG) factors is necessary to protect and grow your members’ assets.

In 2019, we committed to net zero carbon emissions across our default range by 2030 and to halving emissions by 2030.  We’ve moved over £15 billion in assets into funds that integrate environmental, social and governance (ESG) criteria.  (Figures correct as of September 2022.)

Sustainability and governance

Sustainability is embedded into our overall business governance. Our efforts to address climate change are overseen by the Aegon UK Sustainability Board and sustainable business practices are established in our operations. 

Master Trust governance

The Aegon Master Trust (AMT) is an authorised master trust. This means that it meets a set of regulatory criteria set by The Pensions Regulator (TPR), and is published on their list of authorised master trusts.  

The AMT also offers the benefit of an independent board of trustees. The trustees are passionate about understanding members’ desired outcomes, and we support their governance role with full scheme administration and management. 

A workplace default fund is the fund that workplace pension scheme members are automatically placed in if they don't choose their own fund.