Industry welcomes TPR guidance but laments lack of focus on contract DC

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Industry figures have cautiously welcomed the publication of new guidance for trust-based defined contribution schemes from The Pensions Regulator, but expressed disappointment that it does not focus on contract-based schemes.

A new code of practice for DC trust-based schemes has been proposed by the regulator to maximise outcomes for members in light of auto-enrolment. While attempts at improving the quality of DC ar...

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