A specialist sector

We know the story

As a charity or not-for-profit organisation, you could have your own Defined Benefit (DB) pension scheme or participate in one of the multi-employer pension schemes used in the sector, such as the Local Government Pension Schemes (LGPS), the Pensions Trust (TPT) or the Universities Superannuation Scheme (USS).

Let us help

We have the knowledge

Whatever your pension arrangements, it’s likely you want to provide decent benefits for members, manage the costs and risks of the scheme, and ensure the running costs are value-for-money.

You value expertise and experience in the charity and not-for-profit sectors and don’t want to compromise quality to achieve your objectives.

You want a partner that can help guide and advise you, delivering a service that eliminates waste and is efficient by design.

You want services that are better coordinated, efficient and smarter in their delivery, with the scheme trustees, charity and advisers working in harmony.

Services that are engineered so that promises can be delivered, allowing you to focus on the things that make a difference knowing that the basics are taken care of.

Simplifying Pensions

Spence provides pensions advice to scheme trustees and sponsoring employers in the charity and not-for-profit sectors through our specialist practice.

Trustee Services

We provide the full range of services needed by scheme trustees including Administration, Secretarial, Actuarial and Investment Services.

Trustees Services

Employer Services

Our advice to sponsoring employers in the sector includes managing your own DB scheme, and managing participation in sector specific multi-employer schemes.

Charity Employer Services

Sector Insights

We benchmark 50 of the larger DB schemes in the sector annually.

The range of running costs in charity schemes is vast.

We help charities manage these costs down through governance reviews and effective use of technology and automation.

Read our latest report

Pension management for charities and non-profits

Our charity and not-for-profit practice has worked with 100s of sector organisations, giving us a deep insight into pensions issues and priorities in the sector.  We’ve help organisations manage their participation in multi-employer schemes, with solutions like changing pension benefits, merging or transferring schemes, and exiting schemes through payment of exit debts or liability apportionment arrangements. 

We advise both scheme trustees and employers on funding strategy, investment strategy and benefit design for stand-alone schemes.

Meet our Charity Service Team

Want to hear more from us?

Sign up to our mailing for more information.

Find out how we can help you

Let’s Talk

Get in touch