Industry warns draft DC code is one-size-fits-all and lacks clarity on trustees' duties

clock • 2 min read

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...

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