DC value consultation a 'wake up call' but consolidation not always easy

James Phillips
clock • 5 min read
Small schemes will need to evaluate whether they are delivering value for members
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Small schemes will need to evaluate whether they are delivering value for members

Plans to improve value to members in defined contribution (DC) plans by improving investment options and governance while consolidating small schemes have been welcomed as a “wake-up call” for the industry.

The Department for Work and Pensions (DWP) last week issued a consultation on a wide range of measures designed to improve administration efficiency and encourage pension scheme investment in illiquid...

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