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TPR chief executive Nausicaa Delfas
The defined contribution (DC) market is continuing to “rapidly reshape” towards fewer, larger schemes, with data from The Pensions Regulator (TPR) showing a 15% reduction in non-micro DC and hybrid schemes.
Data in a report published by the regulator today (4 March) showed the number of DC schemes with 12 or more members decreased in 2024, dropping 15% to 920 – the first time the number has been below...
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