TPR warns DC schemes to prove value or wind up

31% of small schemes admitted they were unaware of TPR’s climate codes of practice

Holly Roach
clock • 2 min read
TPR warns DC schemes to prove value or wind up

The Pensions Regulator (TPR) has reiterated its warning that trustees of small defined contribution (DC) schemes must prove their plans offer value, or wind them up.

This comes as the regulator's annual survey of DC pension schemes revealed trustees of most schemes with fewer than 100 members are unaware of their duties in relation to new, more detailed value f...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Yorkshire Inclusive Pensions Professionals group to launch

Yorkshire Inclusive Pensions Professionals group to launch

Network will aim to increase awareness and visibility of diversity within pensions industry

Jonathan Stapleton
clock 04 October 2024 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Royal London enters BPA market, TPR report, two risk reduction deals, and Enplan adds scheme to consolidation platform

Professional Pensions
clock 04 October 2024 • 1 min read
Good News Corner: Quantum Advisory football team raises £3,000 for children's charity

Good News Corner: Quantum Advisory football team raises £3,000 for children's charity

Firm partook in Football Fives tournament in Cardiff last month to raise money for Tŷ Hafan

Martin Richmond
clock 04 October 2024 • 2 min read
Trustpilot