TPR, DWP and FCA publish consultation on VfM framework

Consultation will require DC schemes to publish ‘clear data’ on performance, costs and quality of service

Martin Richmond
clock • 8 min read
TPR, DWP and FCA publish consultation on VfM framework

The Pensions Regulator (TPR), the Department for Work and Pensions (DWP) and the Financial Conduct Authority (FCA) have published a consultation on a value for money (VfM) framework for defined contribution (DC) schemes.

The consultation proposes that DC schemes will need to publish "clear data" on their performance, costs, and quality of service. The government and regulators said the consultation proposals focus ...

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