The Pensions Regulator believes it would be "very odd" for it to impose regulation on very small, member-directed DC schemes but said it still expects them to have good governance.
TPR executive director of DC, governance and administration June Mulroy (pictured) told PP that substantial regulation already exists for schemes with four members or fewer by virtue of them essent...
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 for 12 months, 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
