01
DB Funding Code journey plan governance
TPR’s new DB Funding Code requires trustees to define long-term funding targets, set documented journey plans, and record governance decisions with a regularity and rigour that existing tooling cannot support. The evidence standard required has materially increased.
Skyjed structures DB funding governance — journey plans documented, covenant assessments evidenced, and trustee decisions permanently logged for TPR review.
02
Consumer Duty value assessments
FCA Consumer Duty requires pension providers to assess and evidence that products deliver fair value to members — with documented methodology, board-level sign-off, and ongoing monitoring across the full product range.
Value assessment workflows built into the product lifecycle — standardised methodology, approval routing, and full evidence collection on schedule across every product.
03
DC chair’s statement and value for members
DC trustees must produce an annual chair’s statement evidencing value for members assessments across all scheme options. This governance-intensive obligation requires structured data collection and documented conclusions — consistently, year on year.
Chair’s statement data structured within Skyjed — assessment evidence collected, value conclusions documented, and annual obligations tracked to completion.
04
ERISA fiduciary documentation
ERISA fiduciaries must demonstrate that plan investment options were selected prudently, in participants’ interests, and with a documented process. The personal liability standard requires evidence that existing tooling was never designed to produce.
Fiduciary decision documentation structured within the product lifecycle — every investment option decision evidenced, every review on schedule, every approval permanently logged.
05
TCFD and ESG disclosure obligations
Larger pension schemes face mandatory TCFD reporting and must evidence ESG integration across their investment product range. Managing ESG data and disclosure obligations without dedicated governance infrastructure creates material evidence gaps.
ESG and climate data structured within product records — TCFD obligations tracked, disclosure evidence maintained, and governance trails complete for regulatory review.
06
TPR and regulator supervisory scrutiny
When TPR, the FCA, or the DOL request evidence of product governance decisions — who made them, when, on what basis — the documentation must be immediately accessible and demonstrably complete. Most funds cannot produce this on demand.
Every trustee decision, governance action, and product review permanently logged and immediately retrievable — ready for regulator review at any point, in any market.
Product types Skyjed manages
Defined benefit schemes
Defined contribution schemes
Master trusts
SIPPs and personal pensions
Group personal pensions
Workplace pension products
Hybrid schemes
401(k) and 403(b) plans
Public pension funds
PEPP products