Government consults on VfM framework for DC schemes

DWP proposes key metrics, standards and data disclosures for DC schemes on VfM

Jonathan Stapleton
clock • 3 min read
Secretary of State for Work and Pensions Mel Stride says driving a long-term focus on value for money is a key priority for the government. Photo: parliament.uk
Image:

Secretary of State for Work and Pensions Mel Stride says driving a long-term focus on value for money is a key priority for the government. Photo: parliament.uk

The Department for Work and Pensions (DWP) has published a consultation seeking views on policy proposals to disclose, assess and compare the value for money of workplace pension schemes.

The consultation - Value for Money: A framework on metrics, standards, and disclosures - proposes key metrics, standards and data disclosures for defined contribution (DC) pension schemes under the...

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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Industry voices concern about concentration of power in DC market

Industry voices concern about concentration of power in DC market

PP survey finds 56% of respondents concur with findings of LCP report

Martin Richmond
clock 15 May 2026 • 2 min read
Volume of pensions being cashed in full rises by more than 100,000 in seven years

Volume of pensions being cashed in full rises by more than 100,000 in seven years

FCA figures show the number of savers cashing their pensions in full since 2018-19 has increased by 29%

Martin Richmond
clock 15 May 2026 • 2 min read
DCIF – A red light warning for the VfM framework

DCIF – A red light warning for the VfM framework

Louise Farrand says there is a real risk that the VfM system will deliver average outcomes

Louise Farrand
clock 14 May 2026 • 3 min read
Trustpilot