The Pensions Regulator to apply DC standards on 'comply or explain' basis

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The Pensions Regulator will apply its features of good defined contribution schemes on a ‘comply or explain' basis, TPR chairman Michael O'Higgins has said.

The regulator unveiled its 36 features of good DC earlier this month, with chief executive Bill Galvin emphasising they must be “demonstrated” by schemes. O’Higgins said the regulator would need “s...

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