01
DB Funding Code compliance and journey plans
TPR's new DB Funding Code requires trustees to define long-term funding targets, set journey plans, and document governance decisions with regularity and rigour that existing tooling cannot support.
Skyjed structures DB funding governance — journey plans documented, decision trails maintained, and trustee obligations evidenced continuously.
02
Consumer Duty value assessments
FCA Consumer Duty requires firms to assess and evidence that pension products deliver fair value to members — with documented methodology, board-level sign-off, and ongoing monitoring across the product range.
Value assessment workflows built into the product lifecycle — standardised methodology, trustee approval routing, and full evidence collection on schedule.
03
DC chair's statement and value for members
DC trustees must produce an annual chair's statement evidencing value for members assessments — a governance-intensive obligation that requires structured data collection and documented conclusions across all scheme options.
Chair's statement data structured and maintained within Skyjed — assessment evidence collected, value conclusions documented, and annual obligations tracked to completion.
04
TCFD and ESG disclosure obligations
Larger UK 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 significant risk.
ESG and climate data structured within product records — TCFD obligations tracked, disclosure evidence maintained, and governance trails complete for regulatory review.
05
TPR supervisory scrutiny and trustee accountability
TPR's supervisory posture has intensified. When TPR requests evidence of governance decisions — investment strategy changes, value assessments, scheme design reviews — the documentation must be immediately available and demonstrably complete.
Every governance decision, trustee approval, and scheme review permanently logged and immediately retrievable for TPR and The Pensions Ombudsman.
06
Multi-employer and master trust governance complexity
Master trusts and multi-employer schemes face governance obligations across large and varied product ranges. Maintaining consistent review standards, assessment cadences, and evidence quality across all employer sections is operationally demanding without a unified platform.
Consistent governance across every employer section and product option — standardised workflows, unified evidence infrastructure, single audit trail.
Product types Skyjed manages
Defined benefit schemes
Defined contribution schemes
Master trusts
Personal pensions (SIPPs)
Workplace pension products
Hybrid schemes
Small self-administered schemes
Group personal pensions