DC Members

An Introduction to DC Choice

Following a detailed review, it has been decided to change the company responsible for administering DC Choice from BlackRock to Legal & General (L&G), one of the UK's largest insurance companies. Everything will be taken care of, members don’t need to take any action.  Communications have been issued to members explaining this change and shortly Legal & General will contact members by sending out information packs.

A new investment strategy called Pathway will be introduced which will allow members to pick options that most closely reflect how and when they are planning to take their benefits from DC Choice.

So that we can ensure a smooth move, there will be a transition period from 1 March 2018 to 20 April 2018 where some activity on member account’s will be restricted. This is known as the ‘blackout period’ and during this time any planned retirement or transfer activity will need to be postponed, so please ensure you plan accordingly.

If you would like more information regarding the changes please get in touch with us at pensions@mbplc.com

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