Pace DC governance
In March 2024, the Pensions Regulator published a new Single Code of Practice, replacing the 10 previous codes of practice. The new general code sets out in detail what The Pensions Regulator expects of a scheme that is required to maintain an effective system of governance. In response, the Trustee has produced a governance statement to demonstrate Pace DC’s level of adherence to these new quality standards. The Trustee Governance Statement, transaction costs and the Statement of Investment Principles can be found below.