Manchester United and the Football Association (FA) are the latest organisations to be awarded the National Association of Pension Funds’ (NAPF) Pensions Quality Mark (PQM).
The award recognises contribution (DC) schemes that demonstrate high standards of governance, good contribution levels, and member communications that are clear, regular and engaging.
Manchester United, current Premier League champions and the second most successful English side ever, gained the PQM Plus award for its 6,000-member, £578m scheme.
The FA received a PQM award for its 530-member scheme.
PQM chairman Christopher Hitchen said: "Both these sporting giants recognise the importance of providing good pensions to their staff and view PQM as the symbol of a quality pension. The club and the sporting body are demonstrating leadership and success both on and off the pitch.
"By achieving the benchmark Manchester United and the FA can show their current and potential staff the quality of their schemes, and the valuable benefit it provides in helping them save for the future."
Manchester United director of communications Philip Townsend said: "With all the changes in pension arrangements, the trustees felt it was very important that our staff could have confidence in their scheme in order to achieve our key objective of increasing member engagement."
He said securing the PQM was an important step in the way the company communicated the benefits of retirement planning to staff.
FA group chief financial officer Andrew Crean said: "Having the PQM enables us to offer reassurance to our staff that the pension benefit that we provide is of high value. It is a positive message that has been well received especially as pensions are being brought to the forefront of people's minds due to the auto-enrolment legislation."
PQM recognises DC schemes whose total contributions are at least 10%, with a minimum employer contribution of 6%.
PQM Plus is the highest standard that can be attained through PQM and recognises schemes with total contributions of at least 15% of an employee's salary, with a minimum employer contribution of 10%.