About People's Pension
The People's Pension is run by B&CE, a not-for-profit established in 1942 to provide benefits to the UK construction industry. The master trust has grown well beyond construction and is now one of the UK's largest workplace pensions, with 6 million members across all sectors.
0.5% AMC keeps it competitive with commercial alternatives, while the not-for-profit structure means surpluses flow back into member benefits rather than shareholder dividends. Strong default fund performance and robust claims handling have earned it consistent industry recognition.
What's included
Master trust authorised by TPR
Independently governed by an experienced trustee board, with regulatory oversight from The Pensions Regulator.
Strong default fund
Multi-asset, responsibly-managed default fund that has consistently outperformed peers over rolling 5-year windows.
Direct payroll integrations
Native integrations with Sage, Xero, Iris, BrightHR and others for automated contribution submission.
Online employer dashboard
Self-service employer portal for managing enrolments, contributions, and opt-outs without paperwork.
Compare with
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Aviva
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Penfold
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Compare →Brokers we work with
UK brokers that typically place People's Pension business. Run a PerkIQ Healthcheck first, then take the output to one of these for a tighter procurement conversation.
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Information on this page is editorial, gathered from public sources and provider materials, and does not constitute financial advice or a recommendation. For a quote, contact People's Pension directly or speak to an FCA-authorised broker. PerkIQ is not a People's Pension reseller and earns no commission on provider sign-ups.
