Launched in 2007, the BCF Pension Scheme is a straight-forward, flexible and value-for-money scheme designed for those who want to save for their future in a way consistent with Brethren Community principles.
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.
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.
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
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.View Member chargesView Employer charges