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Knowledge and understanding

The level of understanding and knowledge that the governing body of a workplace pension needs to have and to maintain.

Important

Early draft of the code of practice

This code is not in force yet. It is an early version for the new code of practice consultation.

To give us feedback on issues such as the design, usability and navigation of this code, email us at webfeedback@tpr.gov.uk.

You can also read more information about the consultation.

Working knowledge of pensions

The level of knowledge that each member of the governing body needs to have to run their scheme effectively.

Governance of knowledge and understanding

Making sure that the governing body as a whole can demonstrate they possess the skills, knowledge and experience to run the scheme effectively.

Building and maintaining knowledge

How each member of a governing body should invest enough time in their learning and development to carry out their role effectively.