Lloyds Banking Group, the British Medical Association and Lilly Sipp have been awarded the Pension Quality Mark Plus by the National Association of Pension Funds (NAPF).

The awards were presented by pensions minister Steve Webb at the NAPF’s annual conference.

The Pension Quality Mark Plus, launched by the NAPF last year, is given to those employers which provide an outstanding defined contribution (DC) scheme to their employees.

Webb said: Workplace pension saving in one of the best ways for people to save for the retirement they want. All efforts that employers make to encourage saving should be commended and I congratulate those employers who have been selected to receive the Pension Quality Mark Plus today.”

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