Defined Benefit and Contribution solutions

Explore how Aviva supports scheme Trustees in securing members’ benefits that combine Defined Benefit and Defined Contribution (DB&C) elements.

What is DB&C from Aviva?

At Aviva, we understand that pension schemes are evolving and so are the needs of Trustees and their members.

Our suite of DB&C solutions lets Trustees secure benefits for scheme members whose entitlements include both Defined Benefit and Defined Contribution elements. Members can use their DC pot to fund their Pension Commencement Lump Sum (PCLS), giving them greater choice at retirement.

Whether you’re looking for a leading Master Trust solution, aiming to keep protected benefits, or looking to continue with an existing DC provider, Aviva has a range of options so schemes can confidently deliver the right outcomes for their members.

Aviva’s DB&C options – flexible and future-ready

We understand that Trustees need flexibility when matching their member benefits.  That’s why Aviva offers a range of solutions to meet the needs of your scheme:

DB&C - Aviva Master Trust

This solution is not suitable for schemes with protected pension ages or PCLS rights.

For Trustees looking to secure both DB and DC benefits under one roof, the Aviva Master Trust offers a streamlined, member-focused DC solution. It’s backed by a fully independent Trustee Board, giving you confidence in strong, impartial governance.

What makes this solution stand out:

  • A leading DC proposition, fully integrated with Aviva’s de-risking proposition
  • Independent, robust governance your members can rely on
  • A digital member experience for DC funds, including benefit visibility, fund switching, and educational tools
  • Flexibility for members to use their DC pot to fund their PCLS rights.
Learn more about the Aviva Master Trust "Go to Aviva Master Trust webpage"

DB&C - External DC provider

This solution is not suitable for schemes with protected pension ages or PCLS rights.

We know that some schemes prefer to keep members’ DC benefits with their existing DC platform provider. We’ve already helped schemes do just that, with a proven framework and robust processes to make it work smoothly. 

What this option offers:

  • Member funds stay in their current pension scheme where their DC benefits are already held
  • Ongoing DC contributions can continue (where allowed under the policy)
  • Support from Aviva’s experienced in-house service teams
  • Allows members to use their DC pot to fund their PCLS rights.

DB&C - Protected benefits

While we’d recommend our Aviva Master Trust DC Solution for most schemes, we recognise some need to secure DC benefits that currently hold HMRC protections such as protected pension ages or PCLS rights.

That’s where DB&C Protected benefits comes in:

  • Members keep valuable benefits such as a protected pension age or PCLS rights.
  • Fund switching options available
  • Ongoing support from Aviva’s dedicated in-house service teams
  • Allows members to continue using their DC pot to fund their PCLS rights.

What to do next

Trustees or advisers looking to secure benefits for scheme members whose entitlements include both Defined Benefit and Defined Contribution elements, should contact an Employee Benefit Consultant to ensure their scheme is prepared and in a position to approach the market.

Looking for something else?

Defined Benefit Solutions

With over 15 years’ experience in the bulk annuities market, our team of experts are ready to help create a solution for your pension plan.

Workplace pensions

We offer pensions for every type of business. Whether you're a small start-up or a large company, we'll have a solution for you.

Savings and investment options

We offer several different options giving your employees more ways of putting money toward short- or long-term goals.

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