The Principal MPF – Simple Plan is Bronze rated. Bronze rated MPF schemes offer members fair “Value for Money” and are likely to deliver fair 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 is sponsored by the same sponsor as the Principal MPF Scheme Series 800; a Silver rated scheme.