CFG launches defined benefit pension survey

18th March 2014

Charity Finance Group today launched an important survey on defined benefit pension provision by charities.  The survey will provide vital evidence on the defined benefit landscape, be used to provide best practice guidance and inform conversations with policy-makers to improve charities’ pension positioning. CFG urge all charities with defined benefit provision to complete the survey, which can be found here.

John Tranter, Chair of CFG’s Pension Maze project, said:

“With liabilities growing for many charities, pensions are preoccupying more and more of their resources and management time. One of the most significant long term risks for those responsible for a charity’s financial position is their pension scheme, not just managing legacy issues but also coping with changes in legislation (e.g. auto-Enrolment and the Pensions Bill 2014).  The survey follows on from our defined contribution survey in November 2013 to provide a holistic picture of these issues.

This work will provide a crucial evidence base to enable us to provide the best support and leadership advice to charities and also to work with policy-makers to address the pension’s challenges.
We are interested to hear the experience of all charities regardless of size with defined benefit, multi-employer defined benefit and local government pension schemes (LGPS) and NHS schemes.”

CFG will be launching the third edition of its ‘Pension Maze’ in the summer. The results of this research will feature in the Maze, alongside in-depth advice and explanations about all the most pressing charity pension issues. This publication will be the go to guide for finance and human resource directors, chief executives and charity trustees to get their charity on track to best manage their pensions.  


Notes for editor:

1. Charity Finance Group’s vision is to inspire the development of a charity sector that is  financially confident, dynamic and trustworthy. CFG works with finance managers to enable them to give the essential leadership on finance strategy and management that their charities need; promoting best practice in charity finance, driving up standards, campaigning for a better operating environment and ensuring every pound given to charity works harder. CFG has more than 2,200 members, and collectively our members are responsible for the management of over £19bn in charitable funds.  

2. CFG launched an auto-enrolment guide for charities in November 2013, 'Auto-enrolment for charities'.  The key findings from the CFG survey on auto-enrolment and DC are published in that report. 

3. CFG raised concerns about the challenges that charities in multi-employer defined benefit pension schemes have faced with Government, and are currently working with the DWP to consider solutions. CFG have also flagged concerns with the Pensions Regulator about implementing its new objective and the impact that will have on assessment of defined benefit funding positions.

4. For more information, please contact

5. John Tranter, is an associate CFG member, director of Numon Consulting, former finance director at Mencap and works on a number of charity pension issues.

6. You can access a copy of the survey here.

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