No consensus on whether FCA consultation will deliver VfM for DC schemes

PP poll finds 42% say consultation will deliver VfM for DC members, while 29% disagree

Martin Richmond
clock • 2 min read
No consensus on whether FCA consultation will deliver VfM for DC schemes

The industry is split as to whether the Financial Conduct Authority’s (FCA) consultation on a value for money (VfM) framework for defined contribution (DC) schemes will deliver better outcomes for members, a Professional Pensions survey shows.

The FCA's consultation, which was published earlier this month, has been developed in collaboration with The Pensions Regulator and the Department for Work and Pensions and seeks to shift the focus...

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