BCF is suitable for employed, self-employed and non-working people who wish to plan ahead and put money away so they don’t have to rely on the State Pension alone in retirement. 

BCF is open to employers of any size or sector to use as a workplace pension for their UK-based employees and can be used by employers needing to provide pensions for their workers under their Automatic Enrolment duties.

About the BCF Pension Scheme

The BCF Pension Scheme is a not-for-profit, trust based registered scheme, with a legal duty to act in our members’ best interests. The BCF Pension Trust is the Trustee body set up to run the low-cost BCF Pension Scheme.

It is a Defined Contribution (DC) scheme, which means the amount of retirement income you get as a member is based on how much has been contributed over time, returns on fund investments and fund charges over time. 

Our investment approach

The BCF Fund is only invested in ways which are in accordance with Brethren principles. Our investments currently include a balanced mix of cash deposits, UK government gilts, commercial property and community projects. The fund will not invest in shares or corporate bonds.

The types of products we invest in are lower risk, which means that they may generate lower rates of return than other higher risk investments such as stock market products. We monitor the performance of investments and take action to deliver the best possible outcomes for members.

Meet our leadership team

Quality, regulation and corporate governance

BCF is a trust-based, registered scheme regulated by The Pensions Regulator (TPR), a government body responsible for protecting the benefits of pension scheme members and promoting good scheme administration.

BCF is committed to continuous monitoring to ensure it is run in a transparent way and always with the best interests of our members as the core principle. 

The Corporate Governance structure at BCF is the framework used to help the Trustees to set goals, make decisions and monitor performance of the scheme in line with the requirements of our members and The Pension Regulator’s Codes of Practice for DC Schemes.

Master Trust Authorisation

In October 2019 BCF was one of a limited number of pension schemes in the country to be granted Master Trust Authorisation by TPR, after successfully passing a series of rigorous criteria to prove the Scheme was strong in terms of management, finances, processes and strategy. Since authorisation the Scheme has been supervised by TPR to ensure that it continues to meet the authorisation criteria.

Master Trust Authorisation

Simple, cost-effective charges

Our simple charging structure at BCF is designed to keep costs as low and transparent as possible. As a not-for-profit organisation, our fees are used to manage investments, keep the Scheme running smoothly and provide a high quality service in line with industry best practice.

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INFORMATION AND RESOURCES

Now is the best time to start saving

If you have questions or would like to chat to our expert team, contact us online, call 0151 448 5423 or email [email protected]. If you’re self-employed or not working, you can apply online. 

Get in touch with us today

Now is the best time to start saving.

If you have questions or would like to chat to our expert team, contact us online, call 0151 448 5423 or email [email protected]. If you’re self-employed or not working, you can apply online.

Get in touch with us