The Principal MPF Scheme Series 800 is Silver rated. Silver rated MPF schemes offer members good “Value for Money” and are likely to deliver good value across key assessment criteria. The Scheme Sponsor won its first Employers’ Choice award and received a Socially Responsible award in 2021 for its commitment to children’s financial education. The Scheme Sponsor also received the Best Communication and Education award in 2021. The Scheme assesses well across key areas including governance, administration, use of technology as well as services to employers and members.