Pensions Defined Contribution Scheme

NWUPC, supported by the Universities and Colleges Employers Association (UCEA), are notifying the market of our intention to establish a Framework Agreement for the following three areas: Lot 1 - Defined Contribution Pension Scheme Lot 2 - Group Life Assurance Lot 3 - Flexible Benefits Platform The framework agreement will be open to members of NWUPC, APUC, HEPCW, LUPC, NEUPC and SUPC. The agreement is planned to commence in April 2025. The products under the three Lots will be available to HEI's alongside the existing pension schemes and risk benefits they offer. It will be open to each HEI to decide how they choose to use each product including which employees are able to take up each product.