B&CE is a not-for-profit organisation, which operates for the benefit of its members and their dependants. Established in 1942 and founded in construction, B&CE's current offerings include a workpla...
B&CE is a not-for-profit organisation, which operates for the benefit of its members and their dependants. Established in 1942 and founded in construction, B&CE's current offerings include a workplace pension, employee accident cover, employee life cover and employee healthcare. B&CE hold a gold standard at Investors in People, as well as being in the top 50 for The Sunday Times Best Not-For-Profit Organisations to Work For. Today it manages assets of £2.3 billion, with 2.8 million members and provides financial benefits to over 1,000,000 active individuals on behalf of over 14,000 corporate accounts. (Information correct as of 31 January 2015.) For over 30 years, B&CE has been providing workplace pensions to employers with transient, low to moderate earning workforces, both large and small. B&CE has been operating a form of automatic enrolment for over ten years through its stakeholder product. In November 2011, B&CE announced details of The People's Pension, as an additional product to assist employers in complying with their automatic enrolment duties. The People's Pension is a flexible and portable workplace pension scheme designed for people, not profit and is suitable for any organisation, large or small, in any sector. The People's Pension has a Defacqto 5 star rating for 2016. B&CE has won a number of awards, as the provider of The People's Pension, including DC Provider of Year at the UK Pensions Awards 2016, Best Governance Structure Award at the Pensions Insight DC Awards 2016, Auto-Enrolment Provider of the Year at the UK Pensions Awards 2013 and best ‘DC Master Trust' at the 2013 PIPAs.