We are very pleased to announce that the Kingfisher Pension Scheme has been awarded the Pension Quality Mark Plus.
The Pension Quality Mark (“PQM”) is a new standard that recognises high quality defined contribution or money purchase pension schemes, like the KPS-MP. The PQM is designed to raise confidence in workplace pensions, help employers demonstrate the value of their scheme to current and future employees, and help employees recognise that their scheme is of a good quality.
PQM has been set up and is wholly owned by The National Association of Pension Funds (NAPF), a not-for-profit organisation.
An independent Advisory Panel of consumer, employer and industry experts advises the PQM Board on the development of the scheme and the Standards. It also acts as independent appeals panel for complex applications.
The PQM plus mark confirms that the KPS-MP is a good scheme. Not all companies contribute to their employee pension scheme. It shows that the Company values your contribution to the business and it matters to them how you will fund your retirement.
