Buzz: OFT right not to refer DC to competition watchdog

clock • 1 min read

Just over half this week's respondents defended the decision by the Office of Fair Trading (OFT) not to refer defined contribution (DC) providers to the Competition Commission (CC). Almost three out of ten contributors thought the sector should have been referred.

"They have identified the major problems and some solutions already," said one commentator. "Let's get on with it." Another respondent asked: "Why refer a competitive market to the CC? If there ...

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