The draft defined contribution (DC) code is not suitable for all types of schemes and lacks clarity on trustees' responsibilities, according to responses to the regulator's consultation.
Responses to The Pension Regulator's (TPR) consultation which ran from 24 November until 29 January generally praised the code's overall format, which is shorter and more concise than its 2013 pred...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
