VfM framework requires more work, PLSA says

Submission to FCA CP24/16 consultation says ‘breadth and complexity’ risks undermining savers’ outcomes

Jasmine Urquhart
clock • 2 min read
VfM framework requires more work, PLSA says

The Financial Conduct Authority’s (FCA) proposed value for money (VfM) framework “risks undermining saver outcomes” because of its “breadth and complexity”, the Pensions and Lifetime Savings Association (PLSA) has said.

In its submission to the FCA's CP24/16 VfM consultation, the PLSA said the framework needs more work and raised concerns about how the intended outcomes of the policy, such as improving saver value...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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